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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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