Depreciation Te...

Gross book value of a group of asset is Rs. $120,000$ and total accumulated depreciation of Rs. $24,000$ and current depreciation of Rs. $2000$. The net book value of the asset is ___________.

Under which method of depreciation annual de-preciation remains constant.

The book value of an asset on 1-4-2006 is Rs. 1,80,000. The asset is sold on 31-12-2006 for Rs. 1,20,000. If the rate of depreciation is 10% on written down value. What is the profit and loss on sale of the asset? 

Under which method of depreciation annual depreciation charges bears a fixed $\%$ of the original depreciable value of the assets.

Depreciable amount of a fixed asset represents..........

Under which method of depreciation annual depreciation charges bears a fixed % of book value of the assets

The cost of a fixed asset which is to be depreciated every year is called

If a company follows the written down value method of depreciating machinery year after year, it is due to __________.

Under which method of, depreciation annul depreciation goes on decreasing.

The cost of a machine is Rs. $2,000$. Two years later the book value is Rs. $1,000$. The straight-line percentage depreciation is _________.