Depreciation Pr...

Which of the following assets does not depreciate?

Under which method of depreciation, the value of machinery never comes to zero?

An asset is purchased for Rs. $$60,000$$ and Rs. $$2,000$$ is spent on its installation. The useful life of plant is 10 years and the essential scarp value is Rs. $$6,000$$. Annual Depreciation under the original cost method would be _______________.

Assessment of depreciation and the amount to be charged in respect thereof in a accounting period are usually not base on ___________.

'Useful life' of an asset is ___________.

The useful life of a depreciable asset depends on ___________. 

Given that the value of furniture on $$1-1-2001$$ is $$Rs. 80,000$$ furniture purchased during the year is $$Rs. 40,000$$, sale of furniture on no loss on profit basis is $$Rs. 20,000$$ and the furniture is valued at $$Rs. 70,000$$ on $$31.12.2001$$, the depreciation for the year $$2001$$ will be _______________.

Under the straight line method of depreciation, the amount of depreciation is :

Depreciation arises from:

Match the followings: