Depreciation Pr...

ABC Industries Ltd. purchased a new Machinery on 1.1.04 for Rs.275,000 and spent Rs.25,000 on its installation.The machine is subject to 10% depreciation on the original cost.The company sold the Machinery on 31.12.14 for Rs.145,000. Find the accumulated depreciation on the machine as on 31.12.14

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

A change in depreciation method under AS 6 is treated as __

Which of the following is a non-cash expenses

Which of these expenses will be debited to concerned fixed asset A/c

Allocation of the cost of a fixed assets over its useful life is called ___________.

A firm has a policy of charging depreciation on Plant and Machinery @20% under WDV method. If the value of Plant a Machinery was Rs. 32000 on 31.03.09 find the original cost of the plant if the same purchased on 1.04.07

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

Which of these items will not be capitalized along with the Asset.

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