Depreciation


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Querist : Anonymous (Querist)
25 August 2010 Q. A machinery have a residual value of Rs. 5000 was purchased of 1.1.2006 and was depreciated @9.5% on Straight line method. On 1.1.1999, for Rs.100000 it was estimated that its useful life has been reduced to eight year. under the change circumstances, the annual depreciation charges for the year 1999 and onwards will be

Ans : 13300.

How to calculate

My ans is 9500 or 11875.

please give correct ans

25 August 2010 please provide asset purchase value

26 August 2010 provide the asset value


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