DEPRECIATION METHOD -02

Depreciation Entries
Sl.No.	Asset Name	Date Of Purchase		Value from depreciation	Rate of Depreciation	Depreciation for -----
				(A)	(B)	(A)*(B)=©
1	Cell Phone 1	10-04-2006		5,500.00	15%	825.00
2	Cell Phone 2	14-11-2006		4,500.00	7.50%	337.50
3	Computer	10-04-2006		25,000.00	60%	15000.00
4	Electrical Fittings	10-04-2006		5,000.00	10%	500.00
5	Furniture & Fixtures	05-04-2006		1,50,000.00	10%	15000.00
6	Motor Vehicle	10-04-2006		40,000.00	15%	6000.00
					Total	37662.50