If Original cost of fixed asset Rs 500 000 Accumulated-02154
This subjective question is related to the book/course
vu mgt611 Business & Labor Law.
It can also be found in
vu mgt611 Mid Term Solved Past Paper No. 2.
Question 1: If
WDV= 500,000-166667=333333
- Original cost of fixed asset Rs. 500,000
- Accumulated Depreciation Rs. 166,667
- Revalued amount of fixed asset Rs. 600,000
- asset
- Calculate the Written down value and Surplus on revaluation of fixed
Answer:
Revalued amount 600,000-(500000-166667)=266667WDV= 500,000-166667=333333
