Depreciation Entries
| |||||||
Sl.No.
|
Asset Name
|
Date Of Purchase
|
Value As on The
last date of the Financial Year |
Useful Life
in years |
Annual
depreciation |
Days Used
in this year |
Depreciation
for the year -- |
(A)
|
(B)
|
(A)/(B)=©
|
(D)
|
©*(D)/365=(E)
| |||
1
|
Computer
|
02-04-2005
|
22,500
|
4
|
5625
|
364
|
5,609.59
|
2
|
Cell Phone
|
15-04-2005
|
6,000
|
5
|
1200
|
351
|
1,153.97
|
3
|
Furniture
|
15-04-2005
|
20,000
|
8
|
2500
|
351
|
2,404.11
|
4
|
Air Conditioner
|
15-04-2005
|
20,000
|
6
|
3,333.33
|
351
|
3,205.48
|
5
|
Electrical Fittings
|
15-04-2005
|
15,000
|
10
|
1500
|
351
|
1,442.47
|
6
|
Office Equipment
|
15-12-2005
|
12,000
|
6
|
2000
|
107
|
586.30
|
95,500
|
16,158.33
|
14,401.92
| |||||
Friday, August 17, 2012
DEPRECIATION METHOD -01
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