Examples of Depreciation Rate in a sentence
Class of Fixed Asset Depreciation Rate Plant and equipment 33.33% The assets’ residual values and useful lives are reviewed, and adjusted if appropriate, at each balance sheet date.
Maintenance of Fixed asset registers with the fields as (Quantity / No Category & Description, Location ,Identification/ Tag Number,Supplier/ Invoice Date,Purchase Date,Put to Use Date ,Depreciation Rate ,Original cost / additions /deletions/ Accumulated depreciation ,Written down value, Assets at Rs 1).
The depreciation rates used for each class of depreciable assets are: Class of Fixed Asset: Depreciation Rate: Plant and Equipment 15 – 50% The assets residual values and useful lives are reviewed, and adjusted if appropriate, at each balance date.
The depreciation rates used for each class of depreciable assets are: Class of Fixed Asset Depreciation Rate Plant and Equipment 5 – 33% The assets’ residual values and useful lives are reviewed, and adjusted if appropriate, at each balance sheet date.
Exceptions to the 10% rate can be found on the Depreciation Rate Chart on page six (6).Normally, property will not be depreciated below 25% of the original cost.Estimated assessments may be issued when questions remain unanswered or the answers are incomplete or evasive.