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महाराष्ट्र राज्य शिक्षण मंडळएचएससी कला (इंग्रजी माध्यम) इयत्ता ११ वी

Mr. ‘X’ purchased Furniture on 1st October 2015 at ₹ 2,80,000 and spent ₹ 20,000 on its installation. He provides depreciation at 6% - Book Keeping and Accountancy

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प्रश्न

Mr. ‘X’ purchased Furniture on 1st October 2015 at ₹ 2,80,000 and spent ₹ 20,000 on its installation. He provides depreciation at 6% under the straight-line method on 31st March 2016. Calculate the amount of depreciation.

बेरीज

उत्तर

Depreciation as per straight line method = Cost of Furniture × Percentage × Period

=  `3,00,000 × 6/100 × 6/12`

=  ₹ 9,000

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Methods of Depreciation
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पाठ 7: Depreciation - Exercises [पृष्ठ २४४]

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बालभारती Book Keeping and Accountancy [English] 11 Standard Maharashtra State Board
पाठ 7 Depreciation
Exercises | Q 8. 3. | पृष्ठ २४४

संबंधित प्रश्‍न

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Which account is credited when depreciation is charged?


Answer in One Sentence only:

What is the formula to calculate depreciation by Straight Line Method?


Answer in One Sentence only:

Which account is debited when expenses are paid on installation of Machinery?


Write the word/term/phrase which can substitute the following statement:

The method of depreciation in which the total depreciation is equally spread over the life of the asset.


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Method of depreciation that cannot reach to zero value.


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The amount that a fixed asset is expected to realise on its disposal is known as ______


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Depreciation is charged on Current Assets only.


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By charging depreciation on fixed assets ascertainment of true and fair financial position is possible.


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Depreciation is charged on ______ asset.


Complete the following sentence:

Under ______ system, the amount of depreciation changes every year.


Complete the following sentence:

______ is the value which an asset realises at the end of its useful life.


Under the written-down value method of depreciation, the amount of depreciation is ______.


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Prepare Printing Machine Account for the first four years.


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