06-09-2008, 01:31 AM
<b>oh!forgot [D] the problem is
Bought Asset at 100,000 on 1Jan 2001
Scrap value nil
straight line dep of 10%/annum.
On 1 Jan 2002 the value of the asset is 90,000.
need the entries for the <u>GRV and NRV.</u></b>
Bought Asset at 100,000 on 1Jan 2001
Scrap value nil
straight line dep of 10%/annum.
On 1 Jan 2002 the value of the asset is 90,000.
need the entries for the <u>GRV and NRV.</u></b>
