Cpt-depreciation
This query is : Resolved
25 April 2015
Amit Ltd purchased a machine on 01.01.2008 for Rs 120000. Installation expenses were Rs 10000.Residual value after 5 years Rs 5000.On 01.07.2008, expenses for repairs were incurred to the extent of Rs 2000. Depreciation is provide @ 10% p.a. under written down value method. Depreciation for the 4th year?
1) 25000
2) 13000
3) 10530
4) 9477
25 April 2015
13000......................
25 April 2015
Hey cant edit answer..m from cell..Sorry my answer was for first year by mistake
25 April 2015
Answer will b 9477.....
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