Depreciation Pr...

___________ of depreciation takes into account interest on capital outlay.

The pattern of annual depreciation charge of an asset for the three years was Rs. $$5000$$, Rs. $$4500$$ and Rs. $$4050$$. Discuss the rate of depreciation charge.

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 ___________.

In case there is revision in estimated useful life of a depreciable asset, the remaining unamortized amount is charged to __________.

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 ___________.

Net surplus/deficiency on disposal/replacement/discarding of an asset is credited/charged to ___________.

Which of the following is a true statement?

If cost of an asset is Rs. $$8,000$$, life is $$3$$ years and estimated scrap value is Rs. $$1,000$$, the rate of depreciation under WDV method is ___________.

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 ___________.