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If the balance of the asset after depreciation is given, how do you calculate original price of the asset

Calculate Original Price of Asset

 

To calculate original price of an asset given its balance after depreciation, you need to use the following formula:

 

Original price of asset = Balance of asset after depreciation + Total depreciation

The total depreciation is the sum of all the depreciation charges that have been recorded for the asset. Once you have the total depreciation, you can add it to the balance of the asset after depreciation to get the original price of the asset. Calculating original price of assets is easy with above mentioned formula.

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