Fixed Assets And Depreciation Schedule
Depreciation Schedule is the part of Fixed Assets schedule which shows detailed information about Fixed Assets / Non Current Assets i.e., Name of Assets, Date of Purchase, Cost, Written Down Value, Useful Life. a nd Depreciation like Depreciation Methods, Depreciation Expense and Accumulated Depreciation deducted within the Useful Life of Fixed Assets. Depreciatio n Schedule shows the Depreciation Expense for various Fixed Assets / Non Current Assets over the Useful Life of Assets. You Can Also Check Out This Useful Article, “ How To Calculate Depreciation ” The Format of Fixed Assets And Depreciation Schedule Note: The Original Cost For Furniture is Rs. 53000, For Equipment = Rs. 72000, For Machinery = Rs. 95400 and For Buildings = Rs. 710000. Residual Value For Furniture = Rs. 3000, For Equipment is Rs. 2000, For Machinery Rs. = 5400, and salvage value for Building = Rs. 10000. The Rate of Deprciation is calculated as: 1...