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प्रश्न
Machinery was purchased on 1st January 2015 for ₹ 4,00,000. ₹ 15,000 was spent on its erection and ₹ 10,000 on its freight charges. Depreciation is charged at 10% per annum on the straight-line method. The books are closed on 31st March each year. Calculate the amount of depreciation on machinery for the first two years.
उत्तर
Calculation on the amount of depreciation on machinery
| Date | Particular | Amount ₹ |
| 1.1.2015 | Cost price | 4,25,000 |
| 31.3.2015 | (-) Depreciation 10% `4,25,000 xx 10/100 xx 3/12` | 10,625 |
| 4,14,375 | ||
| 31.3.2016 | (-) Depreciation 10% `4,25,000 xx 10/100 xx 12/12` | 42,500 |
| Book value | 3,71,875 |
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संबंधित प्रश्न
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