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Answer Posted / rajesh
Depreciation amount may vary for fixed assets.
for Computer 60% is depreciation amount ( For ex. if the
opening balance as on 01.04.08 Rs.10000/-.and in the
financial year nothing was added so the closing balance
will be Rs.10,000/-. below is the calculation)
Dr Depreciaton 6000/-.
cr Computer 6000/-.
Narration: Being the 60% Depreciation Calculated for the FY
2008-09
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