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Former Member
Mar 18, 2010 at 07:36 PM

Asset accounting

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Hi

There is the issue from asset accounting,please find the below details on this issue...

The client has bought an asset in dec 2009 and he has estimated the life of the asset upto 2020

From 2010 to 2015 he has used wdv method and from 2016 he has shifted to straight line method

The salvage value is 55.08 according to the client and thatu2019s what I have to get in 2020

In 2016 the dep is 295.44 u2013 55.08= 240.36

This I have to spread it for 4 years from 2016-2019 so that the value comes to 60.09

please help me on this challenge issue..

i am waiting for your reply...