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An asset is purchased for ₹ 50,000. The rate of depreciation is 15% p.a. Calculate the annual depreciation for the first two years under the diminishing balance method. - Accountancy

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प्रश्न

An asset is purchased for ₹ 50,000. The rate of depreciation is 15% p.a. Calculate the annual depreciation for the first two years under the diminishing balance method.

योग

उत्तर

Calculation of depreciation of Machinery-

Cost of the assets 50,000
Less: Depreciation for 1st year at 15% as 5000 7,500
  42,500
Less: Depreciation for 2nd year at 15% as 42,500 6,375
Book Value 36,125
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Methods of Depreciation
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 10: Depreciation Accounting - Exercises [पृष्ठ २२६]

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सामाचीर कलवी Accountancy [English] Class 11 TN Board
अध्याय 10 Depreciation Accounting
Exercises | Q IV 11. | पृष्ठ २२६

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