See what we can offer to your school
"SimpleStudy just makes sense...”
Get the best plan for your school
10 cards from this deck
Detailed record tracking fixed assets over time
Cost Price - Accumulated Depreciation = Carrying Value
Fixed % of original cost price each year
% of current carrying value each year
Minimum value that must remain on books after depreciation
Prevents assets being completely written off the books
When carrying value reaches R1
Remains constant throughout asset's life
Decreases annually as carrying value gets smaller
When asset has been depreciated to exactly R1
Select your subjects, and get access to A+ resources today.