Help to set up a new Asset with partial depreciation
Summary
Need to set up an asset with partial depreciation, the depreciation reserve to be depreciate in a straight line for the remaining life.Content
All,
Need your help to set up an asset.
Asset A | |
Cost | 3,960 |
Residual Value | 10% |
396 | |
Recoverable Cost | 3,600 |
3,600 | |
Depreciation Reserve | 1,200 |
Netbook Value | 2,400 |
In Service Date | 43,466 |
Life in Years | 3 years |
Remaining life in Service | 2 years |
Remaining period | 24 |
Expected Depreciation | 100 |
Please advise.
Thanks.
Version
20A
Tagged:
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