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Old Wednesday, January 23, 2013
Rohail Khan Rohail Khan is offline
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Quote:
Originally Posted by haadiya View Post
in sep 30 entry i think accumulated depreciation will be 27500(20000 upto 31 dec 2005+7500 current year 9 month depriciation)
plz members check this question
ya sure..apki baat sahi hai par jaldi me maine assumption likhna bhol gaya k i assume that in the year of disposal if any asset dispose in last month than that assets dep: is taken to the account..if disposal occur during the year so dep exp should not taken into account..
agr apki baat ko mana jae tou phr april me jo office equipment aur machinery purchase ki hai uski b hum ko complete year k bajae sirf 9 months ka Dep: exp account for krna parega.. marks ko samne rkhte hi assumption use kr k calculations ko simplfy kia hai.

Assumption ye tha k jis year me purchase kro us me full depreciation expense account for karo aur jis me dispose off kro us me account for nh kro. par last me jo disposal hua h usne pora year economic benefit die hain so usko depreciate kia mene..

this is my suggestion.. what you say.. me solve this question with both method..one i post and second you point out..

and thanks for checking.
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