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Asset Disposal Request Form Deped

Asset Disposal Request Form Deped

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Instructions and help about equipment disposal form

okay so let's look at acid disposal and the five steps that you would normally get there the example that i'm using is a computer the cost price was originally fifteen thousand rand two years ago up to date the first of march your depreciation was 5400 and that was calculated on 20 percent diminishing value so let's say your financial year runs from the 1st of march 2020 to the 28th of february 2021 that's what you're looking at now normally with acid disposal what happens is you sell these items off for asset somewhere during the year so this specific one we sold on the first of september so we're going to count from march april may june july august there's another six months worth of depreciation that i need to bring into calculation as that 5400 was what i did last year at the end of last year as my depreciation so my first step in acid disposal is to calculate the latest depreciation and that's always less than 12 mont

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