Let me try.I am taking this data from screener.
From cash flow, FA purchased in 2023 is 30.
Depreciation for 2023 is 12.
So Op bal 229+ additions 30- assets sold 0- dep 12 gives Cl bal 247.
Regarding wdv of asset sold, when an asset is sold, Cost of asset sold is deducted from total cost.
Acc dep of asset sold is deducted from total accumulated depreciation and any difference is profit or loss.
Subscribe To Our Free Newsletter |