Asset Liabilities

Problem statement
Bank/Cash Supplies Equipment Car Receivables Loan Advance Payable
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Profit
Balance 0 0
 ASSET Value LIABILITY+OE Value
OE Income Expenditure
Bank/Cash 0 Loan 0
Supplies 0 Advance 0
Equipment 0 Payable 0
Car 0 OE 0
Receivables 0
Total 0 Total 0

0
0 Tally
Life of asset Initial Value Dep % Dep Value New Year Value
1 10000 5.00% 500 9500
2 9500 5.00% 475 9025 Written Down Value
3 9025 5.00% 451.25 8573.75
4 8573.75 5.00% 428.6875 8145.0625
5 8145.0625 5.00% 407.253125 7737.809375
Written Down Value
Initial Value Scrap Value Life Cycle Dep Value New Year Value
2000000 300000 8 212500 1787500
1787500 212500 1575000
1575000 212500 1362500
1362500 212500 1150000
1150000 212500 937500
937500 212500 725000
725000 212500 512500
512500 212500 300000