This document outlines the depreciation of an asset purchased for Rs. 75,000 on April 1, 2003 over its useful life of 8 years using the WDV (Written Down Value) method of depreciation. It shows the depreciation charged, written down value, and total depreciation each financial year-end through March 31, 2010, with the total depreciation amounting to Rs. 71,507 over the asset's useful life.
This document outlines the depreciation of an asset purchased for Rs. 75,000 on April 1, 2003 over its useful life of 8 years using the WDV (Written Down Value) method of depreciation. It shows the depreciation charged, written down value, and total depreciation each financial year-end through March 31, 2010, with the total depreciation amounting to Rs. 71,507 over the asset's useful life.
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This document outlines the depreciation of an asset purchased for Rs. 75,000 on April 1, 2003 over its useful life of 8 years using the WDV (Written Down Value) method of depreciation. It shows the depreciation charged, written down value, and total depreciation each financial year-end through March 31, 2010, with the total depreciation amounting to Rs. 71,507 over the asset's useful life.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as XLS, PDF, TXT or read online from Scribd
WDV Method of Depreciation : Prepare by: CA Prakash Somani ( +91 98199 1708
MM/DD/YYYY Useful Life (years)
FY End Date of Purchase Purchase Cost Upto 20 years 31-Mar-04 1-Apr-03 75,000 8 31-Mar-04 38077 Total Depreciation Charged 72,567 38,077 Year end WDV Dep. For the year WDV at end of year Total depreciation as on date 31-Mar-04 30,082 44,918 30,082 31-Mar-05 17,967 26,951 48,049 1-Apr-06 10,780 16,170 58,830 1-Apr-07 6,468 9,702 65,298 31-Mar-08 3,881 5,821 69,179 31-Mar-09 2,329 3,493 71,507 1-Apr-10 1,060 1-Apr-11 0 31-Mar-12 0 31-Mar-13 0 1-Apr-14 0 1-Apr-15 0 31-Mar-16 0 31-Mar-17 0 1-Apr-18 0 1-Apr-19 0 31-Mar-20 0 31-Mar-21 0 1-Apr-22 0 1-Apr-23 0 : CA Prakash Somani ( +91 98199 17080) 3/31/1990 MM/DD/YYYY 3/31/1991 Date of Disposal Dep rate % 3/31/1992 1-Jan-10 40% 3/31/1993 1-Jan-10 3/31/1994 3/31/1995 3/31/1996 Please Note: 3/31/1997 1. It will show data upto 20 years only 3/31/1998 2. Please enter in yellow cells 3/31/1999 3. There may be difference of 1 day because of Lip year. 3/31/2000 4. Please send your sugestions to p_somani@yahoo.co.in 3/31/2001 5. Data shown from Year 1990 till date. 3/31/2002 6. More useful files at www.psomani.caclubindia.com 3/31/2003 3/31/2004 3/31/2005 3/31/2006 3/31/2007 3/31/2008 3/31/2009 3/31/2010