Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

If depreciation is charged at a fixed rate,then deprecation in SLM method, when compared to WDV is?

user-image
Question added by ravi ravi
Date Posted: 2015/10/13
Muhammad Aamir Ayaz
by Muhammad Aamir Ayaz , Accounts Executive , Kanzo Ag

SLM method deduct same fixed depreciation every year of fixed asset But WDV method deduct depreciation on original first year and next year it deduct the depreciation from the amount excluding previous year depreciation. So If we use WDV method the life of asset may not be zero at the end of life. SLM method and depreciation amount will be decrease every year and reached to zero at the end of life.

More Questions Like This

Do you need help in adding the right keywords to your CV? Let our CV writing experts help you.