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Question 46 Chapter 1 of +2-B
Depreciation and Amortisation Expenses
46.From the following Information on Best Marketing Ltd. For the year ended 31st March 2019 Prepare Note to Accounts on Depreciation and Amortisation Expenses: Depreciation on Building Rs. 15,500; Plant and Machinery Rs. 25,000; Computers Rs. 60,000; Goodwill Written off Rs. 7,500; Patents wrote off Rs. 12,500.
|
Particulars |
Details |
Amount |
|---|---|---|
| Building | 15,500 | |
| Plant and Machinery | 25,000 | |
| Computers | 60,000 | |
| Depreciation Expenses | 1,00,500 | |
| Goodwill Written off | 7,500 | |
| Patents wrote off | 12,500 | |
| Amortisation Expenses | 20,000 |
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Accounting & Commerce Educator
Sarbjit Singh holds a B.Com and M.Com degree and has over 12 years of teaching experience in double entry bookkeeping, financial accounting, and business studies.
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