Answer / sankeerthana

WDV means the Written Down value after deducting
depreciation part from the cost of a Fixed Asset.
To know more about Accountancy and Taxation You can visit
my favourite Website http://therealaccountants.com

Answer / h.r. sreepada bhagi

As mentioned in the above answer WDV stands for Written Down
Value. Cost of Fixed Assets (capital items) having life of
more than one year are charged to Profit & Loss A/c as
depreciation during its life time. Cost of Asset as reduced
by depreciation till date is referred to as WDV of the
asset. Assets are shown in the Balance Sheet (Under Fixed
Assets) as in the following example:-

Gross Value - 500000 (Original Cost)
Less:Depreciation - 60000 (Depreciation up to B/S date)
------
Net Value - 440000 (WDV as on the B/S date)
------

what is Balanceshet?

4 Answers   EDS,

---

What is the working formula for Return On Investment

1 Answers  

---

you want to go to Ameerpet but,there is heavy traffic jam then what you do

2 Answers   Sitel,

---

Please do tell me about the questions which are asked at BACS FINAL ROUND.

0 Answers   BA Continnum Solutions, Bank Of America,

---

Expand L T C

2 Answers   SNR,

---

---

what is the difference between debenture and shares

6 Answers   Syntel,

---

What is the difference between Deffered Tax Assets & Deffered Tax Liabilities

0 Answers   TCS,

---

Difference Between FBT and TDS?

5 Answers   Ascent, Nestle,

---

how to calculate the Current Ratio, Liquid Ratio & Operating Ratio

6 Answers  

---

What is BMP in IMS?

2 Answers  

---

Presently I am Working with one of the manufacturing unit and I want to know the % of calculation of esic & provident fund from basic & dearness allowance.

1 Answers  

---

IN PROFIT AND LOSS ACCOUNT WE MAY EITHER GET PROFIT OR LOSS.SO WHY IT IS PROFIT AND LOSS ACCOUNT INSTEAD OF PROFIT OR LOSS ACCOUNT ?

6 Answers  

---