Develop an In-Depth Knowledge about Different Methods of Depreciation with Our Experts Help
Why a student requires homework help?
Accountancy is just like mathematics where a student needs to do regular practice and homework. It involves a lot of methods and trick which can only be learnt if you have a high level of concentration power and move systematically. There are various rules that one needs to learn if they want to be an expert in this subject. For this purpose and in order to score well in exam a student needs diminishing or reducing or written down value method homework help and guidance from their tutors.
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What do you mean by written down value method?
Written down value method is one of the methods of measuring depreciation of an asset. It measures the amount in which an asset has lost its value over a period. There is another method called straight line method which also measures depreciation of an asset. Our company seeks to provide diminishing or reducing or written down value method homework help so that it becomes easy for the student to understand which method is more appropriate.
Under this method depreciation of an asset is calculated at a fixed rate in which the value has decreased each year. It uses book value method which is also known as WD. While calculating depreciation the salvage value and the removal cost us not taken into consideration. Unlike straight line method here the value of the asset cannot be taken as zero.
Pros:
- It is a more equitable method as compared to straight line method.
- The depreciation charges goes on decreasing with every successive years of using that asset.
- When the asset is new depreciation charges is high because of the risk of obsolescence.
- This method is highly used by income-tax authority.
Cons:
- The asset loses its cost year after year because of the reduced depreciation charges.
- The value of the asset cannot be reduced to zero.
- It is a very complex and lengthy method.
Thus the complexities and the risk involved in this method make it necessary for the students to learn this method properly in order to use it in near future. For this purpose myhomeworkhelp.com is ready to provide diminishing or reducing or written down value method assignment help service to all its customers.
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- The complex method of written down value is broken into parts to help student understand.
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