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Depreciation @ 15% per month WDV


Dear All,

We require 15% depreciation at declining balance method based on following calculation mechanism

MonthOpening Book ValueDepreciation %Dep for monthClosing Book Value
1-Apr100.0015%15.0085.00
1-May85.0015%12.7572.25
1-Jun72.2515%10.8461.41
1-Jul61.4115%9.2152.20
1-Aug52.2015%7.8344.37
1-Sep44.3715%6.6637.71
1-Oct37.7115%5.6632.06
1-Nov32.0615%4.8127.25
1-Dec27.2515%4.0923.16
1-Jan23.1615%3.4719.69
1-Feb19.6915%2.9516.73
1-Mar16.7315%2.5114.22

BR

Nishu

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