Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

You are required to calculate depreciation on Assets for the year 2008 to 2018 and fill in the above depreciation schedule for the Management Reporting

You are required to calculate depreciation on Assets for the year 2008 to 2018 and fill in the above depreciation schedule for the Management Reporting (Show all the workings in the Notes)
image text in transcribed
Following is the detail of Fixed Assets owned by Kingfisher Limited: Price Asset Name Year Salvage Life Method 2008 2009 2010 2011 Depreciation for the year (E) 2012 2013 2014 Buildings 25.000 2008 2.500: 25 SL Plant & Machinery 18.000: 2008 1.800 10 DDB Vehicles 22.000! 2009 2.200: 10 DDB Electronic Equipments 12.000: 2009 1.200 5 DDB Computers 8.000; 2010 800 DDB Printers 6,500 2012 DDB Furniture & Fixtures 4.800! 2013 480 $ DDB You are rywired to calcwlule depreciation on Assets for the year 2018 Ledenadmedule for the Management Reporting (Show all the working in the

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Internal Auditing Handbook

Authors: K. H. Spencer Pickett

2nd Edition

0470848634, 978-0470848630

More Books

Students also viewed these Accounting questions