Calculate written down value of each asset

Reference no: EM13258932

Following information is extracted from the books of Arfan Ltdas on December 31^st, 2007.

Particulars	Cost	Depreciation rate	Accumulated Depreciation On 01-01-2007
Vehicles 01-01-2007	1,90,000	10%	10,000
Building 01-01-2007	4,00,000	20%	12,500
Furniture & Fixture 01-01-2007	4,15,000	15%	34,500
Land 01-01-2007	1,58,000	--	---

You are required to calculate Written down value of eachasset and show working of complete depreciation for the year endingon December 2007.

Reference no: EM13258932

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