This question was asked in Depreciation Entries for Companies
Hi Team There! Under WDV method for companies , how come "Net block" 4050 n 3645 is calculated for 2nd year n 3rd year respectively? Pls refer image.
Answers!
Thanks for pointing out,Gross Block should be 5000
Comment
Hi Hemant
It is done by taking help of above table
500+450=950
950+405=1255
Answer the question...
Thanks for pointing out,Gross Block should be 5000
Comment
Hi Hemant
It is done by taking help of above table
500+450=950
950+405=1255