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Depreciation Method Problem 6.13 Comprehensive Depreciation Calculations *** Kamadhenu Dairy has four assets, data on...

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Accounting

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Depreciation Method Problem 6.13 Comprehensive Depreciation Calculations *** Kamadhenu Dairy has four assets, data on which are as follows: Date of Residual Asset Useful Cost Purchase Value Life November Freezer 90,000 4,000 1, 20X5 5 years Delivery March 1, 60,000 50,000 20X6 5,000 van km October 1, Refrigerator 12,000 800 6 years Display December 10 600 shelves 8,000 1. 20X3 vears SYD Production- units WDV 20X4 Straight-line Required 1. Compute the depreciation expense for the period ended March 31 in 20X4, 20X5, and 20X6. Round the amounts to the nearest rupee. 2. Present these assets on the balance sheet on March 31 each year

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