Depreciation Te...

Which of the following is/are advantage of Reducing balance method/WDV method?

Which of the following is correct formula for charging depreciation under fixed instalment method?

N.Ltd. purchase Machinery for Rs$$10,00,000$$ on $$1.1.2012$$. Installation expenses were Rs$$50,000$$. Life of the asset is $$6$$ years at the end of which asset can be sold at Rs$$30,000$$. Annual depreciation under straight line method will be =?

Which of the following is/are advantage of fixed instalment method of charging depreciation?

Which of the following is/are cannot be treated as advantage of fixed instalment method of charging depreciation?

Original cost = Rs$$88,200$$. Salvage value = $$4,200$$. Useful Life = $$3$$ years. Depreciation rate = ?

A machine was purchased on 1st January 2013 for Rs 25,000 and is to be depreciated at 30 % p.a. based on reducing balance method. If the company closes books of account on 31st March every year, what would be the net book value of the equipment as at 31st December, 2014?

Original cost = Rs$$12,00,000$$. Salvage value = Rs$$2,00,000$$. Useful Life = $$10$$ years. Annual depeciation = ? & rate of depreciation = ?

Hi-Fi Ltd acquired machinery on 1st January 2012 at a cost of Rs36,000 and spent Rs.4,000 for its installation. The firm writes off depreciation at 10% p.a. on WDV basis. The books are closed on 31st December. Depreciation for 1st& 2nd year will be Rs________ & Rs_______.

On 1.8.2012 K Ltd. bought four Matador Vans costing Rs 1,20,000 each.