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How To Determine Depreciation Rates by FrankLampard: 10:57am On Aug 08, 2016 |
Accountants in the house, please how can one determine the depreciation rates of an item, when calculating Scrap Value ie Formula for Scrap Value Scrap value = Asset - (Depreciation * End of useful life). Or if we are looking for Depreciation, how do we look for the Scrap Value. ie Formula for Depreciation. Depreciation = (Asset - Scrap value) / End of useful life. |
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