purchase price of machine 150000,installation charges 50000,residual value 81920,useful life 4 yrs,the amount of depriciation under wdv method for the third yr will be
ans.25600. please work out my problems.
intermediate(ipc)course (no) (1460 Points)
21 February 2012purchase price of machine 150000,installation charges 50000,residual value 81920,useful life 4 yrs,the amount of depriciation under wdv method for the third yr will be
ans.25600. please work out my problems.
ABHISHEK ASHOKKUMAR VADECHA
(PRACTICE)
(21 Points)
Replied 21 February 2012
Originally posted by : swati ghosh | ||
purchase price of machine 150000,installation charges 50000,residual value 81920,useful life 4 yrs,the amount of depriciation under wdv method for the third yr will be ans.25600. please work out my problems. |
NO, DEPRECIATION WOULD BE RS. 23616 FOR THIRD YEAR.
Ashish M
(Chartered Accountant)
(2731 Points)
Replied 22 February 2012
Dep. rate = 1 - (81920/200000)^1/4
This comes out to be 20%
Now dep. for 3rd yr. is = (200000) x (.8)^2 x (.2) = Rs. 25600/-
Simple.!!!
k.surappa
(Accountant)
(24 Points)
Replied 08 March 2012