A/c problem

446 views 1 replies
A purchased a machine on 1.1.10 For rs.2,40,000. Installation expenses were rs. 20,000. Residual value is estimate to Be rs.5000. On 1.1.10, expenses for repair were increased to extent of rs5000 depreciation is provided under SLM depreciation rate is 10%. Annual depreciation Will be?
Replies (1)

As expenses for repair upto installation i.e. 1.1.10 will be included in cost

so depreciation will be 26000


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register