Depreciation Te...

A machine was purchased on 1st April 2007 for Rs 5,00,000 and 1st October 2007 for Rs 2,00,000. Calculate depreciation @ 20% p.a. on written down value method for the year ending 31st March 2008.

X purchased a machinery on 01.04.2008 for Rs. 5,00,000. Depreciation is changed at WDV at the rate of 10% p.a. The written down value of the machinery for the year ending 31st march 2011 will be:

Which method of depreciation is effective if repairs and maintenance cost of an asset increases as it grows old _________________.

A machinery is depreciated by Rs. 2000 every year. Which method is being used to calculate depreciation?

Depreciation is to be calculated from the date of _____________________.

A machine is purchased for Rs 1,00,000. Installation charges of Rs. 10,000 were incurred. Depreciation @ 10% was provided on straight fine Bases. The machine was sold for Rs. 60,000 after 5 years. Calculate the profit or loss on sale of machine.

Under the diminishing balance method, the amount of depreciation is calculated on __________________.

'A' purchased a computer on 1.04.06 for Rs. 60,000. He purchased another computer on 1.10.07 for Rs. 40,000. He charges depreciation at 20% p.a. on the straight-line method. What will be the closing balance of the computer as on 31.3.09?

If the rate of depreciation is the same, then the amount of depreciation under straight line method as compare to written down value method will be:

Asset purchase on 1st April 2012 at Rs.100000. Calculate the amount of asset on 1st April 2017, depreciation @ 20% p.a. under the straight-line method.