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Cash flow statement

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How to calculate depreciation 15/85 Ã? 765000( why take 85 in denominator

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JENIH FATHIMA

JENIH FATHIMA

CA Inter

0

27-May-21 08:36

617

Answers (2)

Because the balance of Plant and Machinery that is shown in Balance Sheet is already adjusted for depreciation i.e. that amount is after depreciation @15% has been deducted.


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