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Former Member
Aug 25, 2009 at 09:49 AM

Calculation of net book value


hi AA experts,

i am going to dispose a asset,depreciaton started last year,

accumulated depreication = depreciation of previous year + deperciation of current year = 10 + 90 =100

Acquisition value = 100

but net book value is not zero ,instead, net book value is 10,which is also depreciatio of previous year, so i got loss of disposal

can someone advse any clue to check out?