Depreciation Te...

Original Cost = Rs$$1,00,000$$. Life = $$5$$ years. Expected salvage value = Rs$$2,000$$. What will be the rate of depreciation p.a?

A Ltd.acquired a machine on $$1st$$ January, $$2010$$ at a cost of Rs$$14,000$$ and spent Rs$$1,000$$ on its installation. The firm writes off depreciation at $$10\%$$ p.a of the original cost every year. The books are closed on $$31st$$ December every year. The books are closed on $$31st$$ December every year. After $$3$$ years machine sold for Rs$$9,000$$. Profit/Loss on sale = ?

N.Ltd, purchased machine for Rs 1,00,000 on 1.1.2012. Installation expenses were Rs 10,000. Life of the asset is 5 years at the end of which asset can be sold at Rs 5,000. Depreciation rate is  15% on WDV. Depreciation for 4th year = Rs______?______.

Machinery costing Rs$$20,00,000$$ was purchased on $$1.4.2012$$. The installation charges amounting Rs$$5,00,000$$ were incurred. The depreciation at $$10\%$$ p.a. on straight line method for the year ended $$31st$$ March, $$2013$$ will be ___________________.

Consider the following information:
Rate of depreciation under the written down method = $$20\%$$; Original cost of the asset = Rs$$1,00,000$$; Residual value of the asset at the end of useful life = Rs.$$40,960$$.
Estimated useful life of the asset = ?

S.Ltd. acquired a machine on 1st January 2010 at a cost of Rs 1,40,000 and spent Rs 10,000 on its installation. The firm writes off depreciation at  15% on WDV. The books are closed on 31st December every year. After 3 years machine sold for Rs 87,000. Profit Loss on sale =?

Depreciation amount is the __________________.

On $$1.1.2014$$, the Plant Account showed a balance of Rs.$$80,000$$. Out of the above,  a Plant whose book value was Rs$$10,000$$ on that date, was sold for Rs$$6,000$$ on $$1.4.2015$$. On $$1.10.2015$$, the plant was purchases for Rs$$20,000$$. Depreciation is charged at $$10\%$$ p.a. on SLM basis and books of accounts are closed on $$31st$$ December each year. Balance of Plant on $$31.3.2015$$=?

A Company purchased plant for Rs. 50000. The useful life of the plant is 10 years and the residual value is Rs. 5000. The management wants to depreciate it by straight line method. What will be the rate of depreciation?

The written down value of machine on 31st March 2013  is Rs 72,900. The machine was purchased on 1st April, 2010. Depreciation is charged @ 10 % p.a by diminishing balance method. The cost price of the machine = ?