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What difference between in SLM and …

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What difference between in SLM and WDVM?

Posted by Priyanshu Jha 3 years, 11 months ago

CBSE > Class 11 > Accountancy

1 answers

Yogita Ingle 3 years, 11 months ago

<th>BASIS FOR COMPARISON</th> <th>SLM</th> <th>WDV</th>

Meaning	A method of depreciation in which the cost of the asset is spread uniformly over the life years by writing off a fixed amount every year.	A method of depreciation in which a fixed rate of depreciation is charged on the book value of the asset, over its useful life.
Calculation of depreciation	On the original cost	On the written down value of the asset.
Annual depreciation charge	Remains fixed during the useful life.	Reduces every year
Value of asset	Completely written off	Not completely written off
Amount of depreciation	Initially lower	Initially higher
Impact of repairs and depreciation on P&L A/c	Increasing trend	Remains constant
Appropriate for	Assets with negligible repairs and maintenance like leases, copyright.	Assets whose repairs increase, as they get older like machinery, vehicles etc.

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