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Written Down Value

Source: Clackr original

Asset cost Rs. 2,00,000; depreciation at 15% on the written down value. Year 1 charge Rs. 30,000, closing value Rs. 1,70,000. Year 2 charge Rs. 25,500, closing value Rs. 1,44,500. Year 3 charge Rs. 21,675, closing value Rs. 1,22,825.

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About Figures & Abbreviations

Figures, entries and abbreviations: journal entries with amounts, GST invoice workings, depreciation, ratios and profit sharing. They build accuracy with the digits and punctuation of commerce work, where one wrong figure changes the meaning.

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