IndigoLearn

Forums

Back

Doubt

Accountancy

Why salvage value is not deducted in diminishing balance method

Chandramouli A

CA Inter

★ 720

22-Apr-23 09:57

273

Answers (1)

It is deducted to calculate the rate. Once rate is calculated you will apply the rate on the carrying amount.

CA Suraj Lakhotia

Admin

22-Apr-23 13:02

Your Reply

IndigoLearn

Helping students crack CA, CFA & ACCA since 2017. 14,000+ students have trusted us for the best CA,CFA, ACCA online classes. Learn from the best CA, CFA faculty, access top-quality content and clear your exams with confidence

IndigoLearn

Doubt

Your Reply

Company

Information

Offerings