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How To Determine Depreciation Rates - Investment - Nairaland

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How To Determine Depreciation Rates by FrankLampard: 10:57am On Aug 08, 2016
Accountants in the house, please how can one determine the depreciation rates of an item, when calculating Scrap Value


ie Formula for Scrap Value
Scrap value = Asset - (Depreciation * End of useful life).

Or if we are looking for Depreciation, how do we look for the Scrap Value.

ie Formula for Depreciation.
Depreciation = (Asset - Scrap value) / End of useful life.

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