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Accs small doubt

Accountancy

Can anyone explain me what is given below

Screenshot_2022-11-10-21-49-24-449_kaagaz.scanner.docs.pdf.png
Screenshot_2022-11-10-21-48-47-150_kaagaz.scanner.docs.pdf.png

Balachandar S

Balachandar S

CA Inter

59K+

10-Nov-22 21:51

439

Answers (3)

Best Answer

Please see attachment

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When new asset is bought, depreciation under WDV will be high because of huge cost of asset. In future periods, depreciation will be less because the cost is written off(by depreciation in previous years) . When asset is old, repairs and maintenance expenses will be high. If you take average between depreciation and repairs, it will show more or less same amount throughout the life of the asset


Shankari C

Shankari C

CA Inter

12K+

10-Nov-22 23:08

Thanks too both of them


Thread Starter

Balachandar S

Balachandar S

CA Inter

59K+

10-Nov-22 23:10

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