Mudigandur Soumyamudigandur soumya asked 7 months ago
1 Answers
RaviRavi Staff answered 7 months ago

Depreciation 
Treadmill = 360000  / 36 months * 8 months (Aug to March) = 80,000
Bikes = 1,50,000 /  36 months (3 years x 12 months) * 8 months (Aug to March) = 33,333
Rowing Machines = 2,00,000  / 36 months * 5 months (Nov to March) = 27,777
Cross Trainers = 1,20,000  / 36 months * 5 months (Nov to March) = 16,666
Correct Depreciation 1,57,776  
They charged 1,91,111
Depreciation is overcharged — Assets are undervalued
 
 

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