What is asset class? What are depreciation areas?
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Answer Posted / rsrihari968@gmail.com
dep. area consist method of dep., type of dep., multilevel method & Periodic controls.
Example:method of dep=% of dep or Useful life
Type of Dep: ordinary or special dep.
Multilevel method: SLM or WDV
Periodic Control Method: if asset acq. or use
morethan 180 Days then full
dep. otherwise half dep. cal.
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