Question

From the following information of Best Marketing Ltd. for the year ended 31st March, 2019 prepare Note to Accounts on Depreciation and Amortisation Expenses:
Depreciation on: Building ₹ 15,500; Plant and Machinery ₹ 25,000; Computers ₹ 60,000; Goodwill written off ₹ 7,500; Patents written off ₹ 12,500.

Answer 1

NOTES TO ACCOUNTS

Note No.	Particulars		Amount (₹)
	Depreciation and Amortisation Expenses
	Depreciation
	Building	15,500
	Plant and Machinery	25,000
	Computers	60,000	1,00,500
	Amortisation
	Goodwill written off	7,500
	Patents written off	12,500	20,000
			1,20,500
	Amount to be shown in the Statement of Profit and Loss		1,20,500