Depreciation
This query is : Resolved
Querist : Anonymous
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. for Rs.100000 On 1.1.1999, 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
Ans : 13300.
How to calculate
My ans is 9500 or 11875.
please give correct ans
CMA Ramesh Krishnan
(Expert)
25 August 2010
you are not give the Asset original value
25 August 2010
Is the date also in order?
Because you say asset purchased in 2006 and you want to know depreciation in 1999.
Because you say asset purchased in 2006 and you want to know depreciation in 1999.
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