أنشئ حسابًا أو سجّل الدخول للانضمام إلى مجتمعك المهني.
Hi Tanseem
Please find the answer in the attached file
Kind regards
The formula used to calculate WDV rates is –
Rate of Depreciation (R) = 1 – [s/c]1/n
Where,
s = scrap value at the end of period ‘n’;
c = Written down value at present; and
n = useful life of the assets
v.good question- i am agree with mr. ahmed opinion
W.D.V. or carrying value of an asset can be computed by any one off the following methods:
Straight line method
Labour / machine productive working hours method (units of production).
Sum of years digit method
Double declining balance method
While scrap value is lower of N.R.V. (market value) or book value (remaining cost at the end of useful life)
Wrtitten Down Value (WDV) = Value of Assets less Accumulated Depreciation. Rate of depreciation bepend on its useful life and scrap value.