questions & opinions
KNOWLEDGE BANK FROM B KANAGA SABAPATHY
LET KNOWLEDGE SPREAD
“Questions and Opinions – 15/08/2024”.
Question:
When I estimate the present value of a machine, whether depreciation is to be applied on purchase value or market value?
Opinion:
The depreciation is to be applied on the replacement value and not on the purchased value.
With best wishes,
B. KANAGA SABAPATHY
[email protected]
www.bkanagasabapathy.com
