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Depreciation is to be charged on the following basis:- Buildings 25 years straight line Plant & machinery 10 years straight line Motor vehicles 25% reducing
Depreciation is to be charged on the following basis:-
- Buildings 25 years straight line
- Plant & machinery 10 years straight line
- Motor vehicles 25% reducing balance
Complete the non-current asset working below by entering the value of current year depreciation for each category. (Round to the nearest thousand)
Property, plant & equipment | Buildings | Plant & mach. | Vehicles |
---|---|---|---|
'000 | '000 | '000 | |
Cost b/f | 2,800 | 1,645 | 893 |
Depreciation b/f | (712) | (794) | (298) |
Net book value at 01/04/2019 | 2,088 | 851 | 595 |
Depreciation for year: | |||
Buildings | Answer 1 | ||
Plant & machinery | Answer 2 | ||
Motor vehicles | Answer 3 | ||
Net book value at 31/03/2020 |
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