Depreciation Te...

An asset is subject to $$10\%$$ depreciation on reducing balance method. If the annual depreciation for the year $$2013-14$$ amounts to Rs. $$4500$$. The book value of the asset as on $$31.03.14$$ will be ___________.

An asset is subject to $$10\%$$ depreciation on reducing balance method. If the annual depreciation for the year $$2013-14$$ amounts to Rs. $$4500$$. The book value of the asset as on $$01.04.13$$ will be __________.

An asset was shown in the Balance sheet during the last three years at Rs. $$50000$$, Rs. $$45000$$ and Rs. $$40500$$. Find the depreciation for the $$4$$th year ___________.

Which of the following is a true statement?

Calculate the rate of depreciation under the Straight Line method from the following details.
Cost of acquisition of the Machine Rs. $$140,000$$, Estimated scrap value at the end of $$10$$ years Rs. $$7,500$$, useful life of the Machine $$10$$ years.

An asset is subject to $$10\%$$ depreciation on reducing balance method. If the book value of the asset as on $$31.03.13$$ is Rs. $$45000$$. The Book value of the Asset as on $$31.03.15$$ will be ___________.

Q.Ltd acquired machinery on $$1$$st 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 $$31$$st December every year. Closing balance of machinery for $$1$$st & $$2$$nd year as per fixed instalment method will be Rs............

Which of these is an example of accelerated method of depreciation.

Depreciable value of an asset is equal to _________.

ABC Ltd, acquired a new Machine for Rs. $$500,000$$ on $$1$$st April $$2010$$ and spent Rs. $$20,000$$ on its installation and Rs. $$5,000$$ on transportation. The firm charges depreciation at $$10\%$$ on WDM method. The depreciation charges for 2010-11 will be ___________.