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  • Statement D': Calculation of Depritiation On The Asset

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    varshamankar
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    The document contains calculations of depreciation for different types of assets - sheds, equipment, furniture & fixtures, and vehicles - owned by a company over a period of 10 years. It lists the written down value, depreciable amount, depreciation rate, depreciation amount and closing balance for each asset class every year. The total depreciation for the company decreases each year from Rs. 251500 in the first year to Rs. 74999.28 in the 10th year as the value of assets reduces.

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    Original Title

    5 Depreciation Statement

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    The document contains calculations of depreciation for different types of assets - sheds, equipment, furniture & fixtures, and vehicles - owned by a company over a period of 10 years. It lists the written down value, depreciable amount, depreciation rate, depreciation amount and closing balance for each asset class every year. The total depreciation for the company decreases each year from Rs. 251500 in the first year to Rs. 74999.28 in the 10th year as the value of assets reduces.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
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    8 views3 pages

    Statement D': Calculation of Depritiation On The Asset

    Uploaded by

    varshamankar
    The document contains calculations of depreciation for different types of assets - sheds, equipment, furniture & fixtures, and vehicles - owned by a company over a period of 10 years. It lists the written down value, depreciable amount, depreciation rate, depreciation amount and closing balance for each asset class every year. The total depreciation for the company decreases each year from Rs. 251500 in the first year to Rs. 74999.28 in the 10th year as the value of assets reduces.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
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    of 3

    Statement D

    CALCULATION OF DEPRITIATION ON THE ASSET

    Type of asset: -Shed

    Sr.
    No.
    1
    2
    3
    4
    5
    6
    7
    8
    9
    10

    W. D. V. of the
    asset
    1450000
    1305000
    1174500
    1057050
    951345
    856210.5
    770590
    693531.05
    624177.95
    561760.15

    Depreciable amount

    Depreciation @ 10 %

    1450000
    1305000
    1174500
    1057050
    951345
    856210.5
    770590
    693531.05
    624177.95
    561760.15

    145000
    130500
    117450
    105705
    95134.5
    85621.05
    77059
    69353.1
    62417.8
    56176.01

    Closing
    Balance
    1305000
    1174500
    1057050
    951345
    856210.5
    770590
    693531.05
    624177.95
    561760.15
    505584.14

    Type of asset: - Equipments

    Sr.
    No.
    1
    2
    3
    4
    5
    6
    7
    8
    9
    10

    W. D. V. of the
    asset
    235000
    199750
    169787.5
    144319.4
    122671.5
    104270.8
    88630.18
    75335.65
    64035.30
    54430

    Depreciable amount
    235000
    199750
    169787.5
    144319.4
    122671.5
    104270.8
    88630.18
    75335.65
    64035.30
    54430

    Depreciation @15
    %
    35250
    29962.5
    25468.125
    21647.9
    18400.7
    15640.6
    13294.5
    11300.35
    9605.3
    8164.5

    Closing Balance
    199750
    169787.5
    144319.4
    122671.5
    104270.8
    88630.18
    75335.65
    64035.30
    54430
    46265.5

    16

    Type of asset: -Furniture & fixtures

    Sr.
    No.
    1
    2
    3
    4
    5
    6
    7
    8
    9
    10

    W. D. V. of the
    asset
    75000
    63750
    54187.5
    46059.36
    39150.46
    33277.9
    28286.2
    24043.27
    20436.8
    17371.3

    Depreciable amount
    75000
    63750
    54187.5
    46059.36
    39150.46
    33277.9
    28286.2
    24043.27
    20436.8
    17371.3

    Depreciation @
    15%
    11250
    9562.5
    8128.125
    6908.9
    5872.6
    4991.7
    4242.9
    3606.5
    3065.5
    2605.7

    Closing Balance
    63750
    54187.5
    46059.36
    39150.46
    33277.9
    28286.2
    24043.27
    20436.8
    17371.3
    14765.6

    Type of asset: -Vehicle

    Sr.
    No.
    1
    2
    3
    4
    5
    6
    7
    8
    9
    10

    W. D. V. of the
    asset
    300000
    240000
    192000
    153600
    122880
    98304
    78643.2
    62914.56
    50331.7
    40265.4

    Depreciable amount
    300000
    240000
    192000
    153600
    122880
    98304
    78643.2
    62914.56
    50331.7
    40265.4

    Depreciation @ 20
    %
    60000
    48000
    38400
    30720
    24576
    19660.8
    15728.64
    12582.9
    10066.32
    8053.07

    Closing Balance
    240000
    192000
    153600
    122880
    98304
    78643.2
    62914.56
    50331.7
    40265.4
    32212.34

    17

    Total Depreciation

    Year

    Types of Assets
    Sheds

    1
    2
    3
    4
    5
    6
    7
    8
    9
    10

    145000
    130500
    117450
    105705
    95134.5
    85621.05
    77059
    69353.1
    62417.8
    56176.01

    Equipments
    35250
    29962.5
    25468.125
    21647.9
    18400.7
    15640.6
    13294.5
    11300.35
    9605.3
    8164.5

    Furniture &
    fixtures
    11250
    9562.5
    8128.125
    6908.9
    5872.6
    4991.7
    4242.9
    3606.5
    3065.5
    2605.7

    Total
    Vehicle
    60000
    48000
    38400
    30720
    24576
    19660.8
    15728.64
    12582.9
    10066.32
    8053.07

    Depreciation
    251500
    218025
    189446.25
    164981.8
    143983.8
    125914.15
    110325.04
    96842.85
    85154.92
    74999.28

    18

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