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Find the second year depreciation of an asset with cost of US $ 135,400. The rate of Depreciation is 20% per annum.

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Question added by Deleted user
Date Posted: 2013/11/16
Nitin Gupta, ACA
by Nitin Gupta, ACA , FP&A , Rockwell Automation

If the method used is SLM then the depreciation will be27080. For WDV the depreciation will be21664

Mirzet Ramić
by Mirzet Ramić , Director , ALAHMADIA PARTNERS REAL ESTATE DOO SARAJEVO

The amount is $27,080

nufall qanah
by nufall qanah , محاسب ضريبي - مستشار ضريبي , مؤسسة حسين خليفة للاسشارات الضريبية

yes 

21664

Khaled Abdelrehim ACCA DipIFR CMA
by Khaled Abdelrehim ACCA DipIFR CMA , Financial Analysis Assistant General Manager , Khalda Petroleum Company

It is21664.

Sudip Dey
by Sudip Dey , Media Sales consultant , Dubai Life TV

The second year depreciation is USD21,664

Shain  Premarajan  CAMS  Mcom
by Shain Premarajan CAMS Mcom , AML Compliance Officer , GCC Exchange UK Ltd ( GCC Remit)

Sir,

US $21664

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