1. Accounts and Finance
  2. Step 5 Preparing Projections and Budgets
  3. Depreciation Chart
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Depreciation Chart as per SLM Method

Last updated at Dec. 16, 2024 by Teachoo

Example 1:- 

Asset purchased for 10 lacs on 1 April 2016 Depreciation Rate 15% Calculate Depreciation for next 5 years assuming SLM Method

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Year Opening Value Depreciation Closing Value
2016-17 1000000 150000 850000
2017-18 850000 150000 700000
2018-19 700000 150000 550000
2019-20 550000 150000 400000
2020-21 400000 150000 250000

Example 2:-

Asset purchased for 10 lacs on 18 September 2016 Depreciation Rate 15% Calculate Depreciation for next 5 years assuming SLM Method

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Example 3:-

Suppose in Q2,asset sold for 500000 on 19 Dec 2021

No of Days used  01 April 2021 to 19 Dec 2021=263

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  1. Accounts and Finance
  2. Step 5 Preparing Projections and Budgets

    3. Depreciation Chart

    Step 6 Fund Flow and Cash Flow →
Step 6 Fund Flow and Cash Flow →
Accounts and Finance
Step 5 Preparing Projections and Budgets

About the Author

CA Maninder Singh

CA Maninder Singh is a Chartered Accountant for the past 14 years. He also provides Accounts Tax GST Training in Delhi, Kerala and online.