Depreciation Te...

Under which of the following method depreciation charged declines?

An equipment was purchased on 1st January, 2012 for Rs. 25,000 & is to be depreciated at 30% based on WDV method. If the company closes its books of account on 31 st March every year. What would be the net book value of the equipment as at 31 st December 2013:

A company purchased plant for 50,000. The useful life of the plant is 10 years and the residual value is 5,000. The management wants to depreciate it by straight line method. Rate of depreciation will be:

The WDV of machine is Rs. 72,900, rate of depreciation @ 10%, period 3 years. Calculate the original cost of machinery.

The value of a fixed asset after deducting depreciation is known as its:

The portion of the acquisition cost of the asset, yet to be allocated is known as ___________________.

Under _____ method depreciation is provided as a fixed percentage of the written down value of the asset.

A manufacturer owns three machines - the first acquired on $$1.1.2011 for 1,10,000$$, the second on $$1.7.2013$$ for Rs$$90,000$$, and on the third on $$1.10.2015$$ for Rs$$1,30,000$$. He expects to use each machine for ten years and realize the scrap for $$10,000$$. Using the straight-line method what is his depreciation for the year ended $$31.12.2015$$?

Z Ltd. acquired machinery on $$1st$$ January $$2011$$ at a cost of Rs$$72,000$$ and spent Rs.$$8,000$$ for its installation. The firm writes off depreciation at $$10\%$$ p.a on the original cost every year. The books are closed on $$31st$$ December every year. Depreciation for $$1st$$ & $$2nd$$ year as per fixed instalment method will be Rs.__________

Z Ltd. purchased a machine on $$1.1.2012$$ for Rs$$12,000$$. Installation expenses were Rs$$1,000$$. Residual value after $$5$$ years Rs$$500$$. Depreciation is provided under SLM. Department rate is $$10\%$$ p.a Annual depreciation=?