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$ Four Hundred
% Means that asset has a useful life of5 years with assumptions of having no residual value.Accordingly the depreciation charge for each year will remain the same as per straight line method.
The Depreciation charge per year is $/- so for three years it would be($ x3 Years).So the written down value for the equipment after three years will be $($-$).
$/- will be the WDV after3 yrs
% depreciation of a $ asset would be $/year.
3 years accumulated depreciation would be $
Carried down value of asset will be $
Under Straight line: The asset value will be $/- after3 year.
We are calculating the depreciation on the fixed cost.
Under written down method:
After1 year:- (*%)=$.
After2 year:-(*%)=$.
After3 year:-(*%)=$.
We calculate the depreciation on the rest balance after deducting the previous year depreciation
The given info is a bit confusing because Staightline method and Written Down Method are two different methods of depreciation. But my answer is.
would be the value after3 years.
After three years written down value will be $ Four Hundred.
The depreciation rate is% over3 years so after the3 year finish the result will be and that amount will be depreciated in the4 year
the written down value will be$