Osborne books task 5c - Please help
mahadabdullah17
Registered Posts: 8
I have attached the question. Can someone explain how they got the correct answer of 18200 for depreciation third draft? As the first and second draft figures are exact same.
0
Answers
-
When calculating Stepped Costa you always round up on the steps
300000 / 50000 = 6 steps
270000 / 50000 = 5.4 but rounded up to 6 steps
330000 / 50000 = 6.6 but rounded up to 7 steps
15600 / 6 steps x 7 steps = £18,2000 -
Really appreciate your help again. Thanks @Krisso0
Categories
- All Categories
- 1.2K Books to buy and sell
- 2.3K General discussion
- 18.9K For AAT students
- 234 NEW! Qualifications 2022
- 133 General Qualifications 2022 discussion
- 7 AAT Level 2 Certificate in Accounting
- 31 AAT Level 3 Diploma in Accounting
- 55 AAT Level 4 Diploma in Professional Accounting
- 8.9K For accounting professionals
- 23 coronavirus (Covid-19)
- 272 VAT
- 91 Software
- 272 Tax
- 135 Bookkeeping
- 7.3K General accounting discussion
- 201 AAT member discussion (AATQB, MAAT, FMAAT and AAT Licensed Accountants and Bookkeepers)
- 3.8K For everyone
- 39 AAT news and announcements
- 352 Feedback for AAT
- 2.8K Chat and off-topic discussion
- 586 Job postings
- 17 Who can benefit from AAT?
- 36 Where can AAT take me?
- 44 Getting started with AAT
- 26 Finding an AAT training provider
- 47 Distance learning and other ways to study AAT
- 25 Apprenticeships
- 65 AAT membership