FOR INDIA'S BEST CA CS CMA VIDEO CLASSES CALL 9980100288 OR VISIT HERE
PREDICT YOUR RANK!
Answer below questions and predict your rank
  • How important it is for you to pass the exam in this attempt?
  • What percentage of course you have finished well so far roughly?
  • How many hours you study in a day?
  • How many times you have revised the topics you have finished
  • Have you taken online or pen drive or live class from a renowned faculty?
  • What percentage of the classes you have watched?
  • Have you attempted mock tests or practice tests yet?
  • Are you planning to attempt mock tests conducted by external bodies- ICAI, ICSI, ICMAI or other institute?
  • How many tests you have taken?
  • Did you manage to finish the test papers on time?
  • Are you strictly following study material provided by the exam conducting authority such as ICAI/ICSI/ICMAI/Other Body?
  • How is your health in general?
  • How is your food habit?
  • Any interest in yoga or exercise or play sports regularly?
  • Planning to sleep well nights before the exams?
  • Planning to have light food and water before exams?

HOW THE RATE OF DEPRECIATION IS DERIVED UNDER WDV METHOD AS PER COMPANIES ACT 2013

Data?1494421738 asked

HOW THE RATE OF DEPRECIATION IS DERIVED UNDER WDV METHOD AS PER COMPANIES ACT 2013?

    5       1 Answer Now Comment Report
trulypsychic commented 12 months ago

i would like to be a psychic reading expert and want to work in http://www.trulypsychic.com

deion2019 commented about 1 month ago

Provided the many benefits of CBD, it is totally lawful in the USA. Also in states which are yet to legalize using medicinal marijuana acknowledge CBD, mainly due to the fact that it is non-psychoactive. Thus far, CBD has been discovered to be effective in dealing with chronic pain, stress and anxiety, depression, as well as epilepsy. Legally, the CBD made from hemp can be bought or imported freely in all of the 50 states. Because of this, no prescription is needed. So why is hemp-based CBD lawful? It is because hemp includes large amounts of CBD and also very little THC. That's why cannabidiol does not fall under the Controlled Substances Act. That's not so for cannabis and THC. While it is not entirely a federal policy, different states have thought of policies on the legalisation of CBD, which is just one of the cannabinoids had in cannabis,<a href="https://www.worldvaping.com/best-vape-pens/">worldvaping</a> despite the fact that it is non-psychoactive. As part of legalizing medical cannabis, a number of states have actually laid legislations concerning CBD and also its products. Under the UNITED STATE government legislation, all hemp-based items are legally identified as nutritional supplements. Therefore, all CBD products consisting of vape juice are totally lawful in the entire United States. The only exception is for the marijuana-based CBD items which could be legal or forbidden. In general,<a href="https://www.worldvaping.com/best-vape-pens/">worldvaping.com</a> the UNITED STATE allows the use of CBD juice without a doctor's prescription. If anything, CBD can hardly be spotted in medication tests because it is secure, all-natural, and non-psychoactive. Benefits of CBD To restate, CBD has a great deal of wellness benefits. It may not be accepted by the FDA for medicinal usage, but it is still valuable when it concerns supplying relief from the following health and wellness conditions: 1. Discomfort Relief <a href="https://www.worldvaping.com/best-vape-pens/">worldvaping</a> As far back as 2900 BC, marijuana has actually been made use of partially of the globe to eliminate discomfort. In the last couple of years, scientists have discovered that elements of cannabis such as CBD can be made use of to deal with pain. It works by regulating the human endocannabinoid system which regulates pain, hunger, sleep, as well as immune functions. 2. Reducing Anxiousness as well as Clinical Depression One thing about CBD juice is that it can be utilized to deal with anxiousness as well as depression without the adverse effects of pharmaceutical drugs. Thus, individuals will certainly experience no sleeping disorders, frustration, drowsiness, headaches, as well as sexual disorder. 3. Alleviating Signs of Cancer CBD lowers the symptoms of cancer cells and side-effects of cancer cells therapy such as discomfort, vomiting, as well as queasiness. When utilized along with chemotherapy, it lowers nausea or vomiting and also throwing up. CBD has actually additionally been discovered to have the capacity to eliminate cancer cells and also even inhibit the spread of the disease in mice. 4. Minimizing Acne By fighting swelling, CBD stops the production of sebum, therefore minimizing acne. This applies whether the CBD is taken orally, topically, or vaped. It treats acne by targeting the origin and is, consequently, more reliable than other forms of treatment. 5. Has Neuroprotective Features Due to the reality that CBD has a result on the human endocannabinoid system, it creates signals in the mind which in the long run help deal with or protect against certain neurological conditions. That includes epilepsy, numerous sclerosis, Parkinson's, Alzheimer's, as well as psychosis. It has been discovered to have the capability to reduce the incidence of seizures in epileptics. CBD works by minimizing swelling which protects against deterioration of the neurological system as a result of Alzheimer's condition.

9 Answers
Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

Thank you for such a nice article. I am definitely going to share this article with my friends. Joker Suit

    0       0 Comment Report
xieyuchen commented about 2 months ago

Given that many individuals have actually been addicted to the Pure nicotine vapes, it provides a hard time to ignore what they made use of to enter into vapes which consist of Pure nicotine. They have actually currently progressed in that they are currently utilizing their MODs methods to make their smoke strike a lot easier. You require to obtain much into these methods which will aid you to consume vapes which have less pure nicotine. You can do this by obtaining the no-nicotine e- juice since they are the most safe Vaping techniques and also provides you extra high-end as well as fun while vaping. If you are able to vape without nicotine, you will certainly escape health issue which are caused by Pure nicotine along with found brand-new, pleasurable vaping methods.<a href="https://www.worldvaping.com/vape-shop-near-me/">vape shop near me</a> No-nicotine vapes make social Vaping much more delightful<a href="https://www.worldvaping.com/weed-vape-pens-for-thc-oil/">vaporizer for weed</a> Youngsters are the most impacted with the Nicotine concentrate since they overlook the impacts and also are somehow negligent. They tend to smoke in concealing since they do not want anybody to find their smoking cigarettes adventures. This would not hold true if they utilized much safer approaches which involve no-nicotine smoking cigarettes. No one will certainly reprimand them for using something that has absolutely no health and wellness results. They will, for that reason, delight in smoking cigarettes without fear and fraternize others while doing so. <a href="https://www.worldvaping.com/best-dab-pens/">dab pens</a>

Important Note – Preparing for CA Final?
CAKART provides Indias top faculty each subject video classes and lectures – online & in Pen Drive/ DVD – at very cost effective rates. Get video classes from CAKART.in. Quality is much better than local tuition, so results are much better.
Watch Sample Video Now by clicking on the link(s) below – 
For any questions Request A Call Back  
Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

Thanks for sharing this interesting and amazing post with us, I really like this post. Batwoman Leather Jacket

    0       0 Comment Report
Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

I am so happy to come across this piece of write up, very much advanced Batwoman Jacket my understanding to the next top level. Great job and continue to do same.

    0       0 Comment Report
Jordi commented 25 days ago

<a href="https://worthgram.com/5movies/"></a>

Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

GotoDissertationHelp- No1 Online Dissertation Writing Service UK.

 

We offer the best Dissertation help and academic writing service in AUS, UK & USA. Hire native experts now & get FLAT 20% OFF on your first order.

The increasing importance of writing Dissertations has prompted students to take a helping hand from nursing dissertation help During higher studies in colleges, students often have to prepare multiple documents, quizzes and surprise tests. This is the main reason why most students search for Dissertation help UK over the internet and choose only the most proficient and trusted academic writing experts.

Therefore, it is advisable for students to seek professional law Dissertation helps. Experience the best dissertation proofreading services services at UK Dissertation Help with its quality my Dissertation helper well qualified from major universities. Get Online Dissertation Helper Service by Professional Writers.

    0       0 Comment Report
Jordi commented 25 days ago

https://worthgram.com/5movies/

Open uri20170510 32134 1c996lj?1494421732 answered

Considering residual value of 5%, the revised WDV rate would be computed following the formula mentioned below and hence the depreciation would be calculated accordingly.

Rate for depreciation as per WDV method would be computed using the following formula R= {1 – (s/c)^1/n } x 100

Where R = Rate of Depreciation (in %)

n = Remaining useful life of the asset (in years)

s = Scrap value at the end of useful life of the asset

c= Cost of the asset/Written down value of the asset

    1       0 Comment Report
Jordi commented 25 days ago

This is extremely pleasant one indepth data. A debt of gratitude is in order for this pleasant article. [URL=https://worthgram.com/5movies/]5movies website[/URL]

Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

On 01-04-2014, WDV Stands at Rs. 686,627.00 (This is the carrying amount which para 7 of Schedule II speaks to). Hence, the balance WDV of Rs. 686,627 needs to be depreciated over the period of 11 years after giving the effect to residual value of the orignial asset [ 5% of Rs. 1250000 = Rs. 62500] Since the Company follows WDV method for depreciation, the WDV needs to be depreciated by following the WDV method over the balance useful life. Hence, the Company needs to calculate the WDV rate for the depreciation. Considering residual value of 5%, the revised WDV rate would be computed following the formula mentioned below and hence the depreciation would be calculated accordingly. Rate for depreciation as per WDV method would be computed using the following formula R= {1 – (s/c)^1/n } x 100 Where R = Rate of Depreciation (in %) n = Remaining useful life of the asset (in years) s = Scrap value at the end of useful life of the asset c= Cost of the asset/Written down value of the asset

    0       0 Comment Report
donna12 commented 6 months ago

Thank you so much for these formulas. <a href="https://likegrowers.com/instagram-businesses/">Click here to learn more</a>

donna12 commented 6 months ago

[url=https://likegrowers.com/instagram-businesses/]Click here to learn more[/url]

donna12 commented 6 months ago

https://likegrowers.com/instagram-businesses/

Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

1. Original Cost 100 2. Original Useful Life (Co Act, 1956) 20 years 3. Depreciation rate (Co Act, 1956) 13.91 % 4. New Useful Life (Co Act, 2013) 15 years 5. Expired Life 5 years 6. Remaining Useful Life (4-5) 10 years 7. Accumulated Depreciation 52.71

    0       1 Comment Report
Open uri20170510 32134 1ue0f38?1494421710 answered

Hie Samkit, So far as your query is concerned that HOW THE RATE OF DEPRECIATION IS DERIVED UNDER WDV METHOD AS PER COMPANIES ACT 2013. Kindly find the solution done using an example: Example: PQR Limited has followed Schedule XIV rates for depreciation of a plant and machinery under WDV method by following rate of 13.91% as it runs under single shift. Date of acquisition is April 1, 2010 and cost incurred is Rs. 12,50,000 and accordingly WDV as at March 31, 2014 is Rs. 686,627. On transition to Schedule II, how same will be accounted in the books of account of PQR Limited. Solution: The Company was computing depreciation as follows upto 31-03-2014 Application of Schedule II wef 01-04-2014 In accordance with the transitional provision of Schedule II, if there is a balance useful life on the date of transition, the remaining WDV needs to be depreciated over the balance useful life period. If the Company follows the life provided in the Schedule II, the life of the assets will be 15 years and hence remaining useful life is 11 years. On 01-04-2014, WDV Stands at Rs. 686,627.00 (This is the carrying amount which para 7 of Schedule II speaks to). Hence, the balance WDV of Rs. 686,627 needs to be depreciated over the period of 11 years after giving the effect to residual value of the orignial asset [ 5% of Rs. 1250000 = Rs. 62500] Since the Company follows WDV method for depreciation, the WDV needs to be depreciated by following the WDV method over the balance useful life. Hence, the Company needs to calculate the WDV rate for the depreciation. Considering residual value of 5%, the revised WDV rate would be computed following the formula mentioned below and hence the depreciation would be calculated accordingly. Rate for depreciation as per WDV method would be computed using the following formula R= {1 – (s/c)^1/n } x 100 Where R = Rate of Depreciation (in %) n = Remaining useful life of the asset (in years) s = Scrap value at the end of useful life of the asset c= Cost of the asset/Written down value of the asset Hope your query is solved with regard to HOW THE RATE OF DEPRECIATION IS DERIVED UNDER WDV METHOD AS PER COMPANIES ACT 2013 Thanks & Regards

    12       0 Comment Report
Puja Agarwal commented over 2 years ago

very well explained.

ankit agarwal commented over 2 years ago

Whether this would be considered as change in accounting policy or the same would be covered under transition provisions

rohit agarwal commented over 2 years ago

Thanks Puja for your appreciation !!

rohit agarwal commented over 2 years ago

@ Ankit - Kindly note, the above treatment shall not be considered as change in accounting policy. However, if the management decides to change method from WDV to SLM method, it would be considered as change in accounting Policy. N.B. Simply because, depreciation is provided based on estimated useful life it does not mean that SLM is used.

Jitendra Suthar commented over 2 years ago

nice explanation....

Islam Gabr commented 11 months ago

very well explained.

Madhu photo answered

Calculating Depreciation under WDV method: 1. Original Cost 100 2. Original Useful Life (Co Act, 1956) 20 years 3. Depreciation rate (Co Act, 1956) 13.91 % 4. New Useful Life (Co Act, 2013) 15 years 5. Expired Life 5 years 6. Remaining Useful Life (4-5) 10 years 7. Accumulated Depreciation 52.71 Depreciation will not be calculated over 15 years. It will be calculated over 5 years only. Formula to calculate WDV rate: formula We will like to discuss how to calculate such square root: First divide 5,000/1,00,000 : 0.05 Press under root button 12 times Subtract 1 Divide by factor, here 10 Add 1 Press (* =) 12 times After these, amount 0.7412 Now, 1 – 0.7412 = .2588 i.e. 25.88 % Here, Carrying Amount = 100 – 52.71 = 47.29 Year Closing Balance 1 35.05 2 25.98 3 19.26 4 14.27 5 10.58 6 7.84 7 5.81 8 4.31 9 3.19 10 2.37

    4       1 Comment Report
Mamtha commented over 2 years ago

i did not get 0.7412. Can you pl elaborate!

charlie Ford commented about 1 month ago

Enjoyed reading the article above, really explains everything in detail, the article is very interesting and effective. Thank you and good luck for the upcoming articles. <a href="https://www.evernote.com/shard/s466/sh/689fbc96-86dc-4d37-bd71-f6466aa6c956/ba379a63baa5491347e063f2d1d82e01">Get Free Music on Google Home</a>

charlie Ford commented about 1 month ago

Enjoyed reading the article above, really explains everything in detail, the article is very interesting and effective. Thank you and good luck for the upcoming articles. <a href="https://www.evernote.com/shard/s466/sh/689fbc96-86dc-4d37-bd71-f6466aa6c956/ba379a63baa5491347e063f2d1d82e01">Get Free Music on Google Home</a>

charlie Ford commented about 1 month ago

Enjoyed reading the article above, really explains everything in detail, the article is very interesting and effective. Thank you and good luck for the upcoming articles. https://www.evernote.com/shard/s466/sh/689fbc96-86dc-4d37-bd71-f6466aa6c956/ba379a63baa5491347e063f2d1d82e01

Similar Questions
Get Notifications
Videos
Books
Notes
Loading
Watch best faculty demo video classes

These top faculty video lectures will
help u prepare like nothing else can.