06-19-2006, 05:47 AM
depreciable amt
A.depreciable amt = cost,amount substituted for cost-residual value..
What is meant by amount substituted for cost.give examples.does this
mean carrying amount
Residual Value
B.Residual Value,definition.does this mean Residual Value=Present value of disposal
amount,( i.e amount en entity would obtain from disposal of asset ,after deducting
estimated disposal cost)of residue asset
Recoverable amount
C.Recoverable amount higher of asset's net selling price &
its value in use..what is net selling price..how is it different from
selling price
A.depreciable amt = cost,amount substituted for cost-residual value..
What is meant by amount substituted for cost.give examples.does this
mean carrying amount
Residual Value
B.Residual Value,definition.does this mean Residual Value=Present value of disposal
amount,( i.e amount en entity would obtain from disposal of asset ,after deducting
estimated disposal cost)of residue asset
Recoverable amount
C.Recoverable amount higher of asset's net selling price &
its value in use..what is net selling price..how is it different from
selling price
