Question

1- X Ltd. purchased machine on 1st April, 2009 for Rs. 1,00,000. Depreciation is charged 10% p.a. with straight line method. Accounts are closed on 31st March every year. Calculate the value of Machine after two years. *

2- X Ltd. purchased machine on 1st July, 2009 for Rs. 2,00,000. Depreciation is charged 10% p.a. with straight line method. Accounts are closed on 31st March every year. Calculate the value of Machine after two years. *

3- X Ltd. purchased machine on 1st September, 2009 for Rs. 1,00,000. Depreciation is charged 15% p.a. with straight line method. Accounts are closed on 31st March every year. Calculate the value of Machine after two years. *

4- X Ltd. purchased machine on 1st January, 2009 for Rs. 2,00,000. Depreciation is charged 20% p.a. with straight line method. Accounts are closed on 31st March every year. Calculate the value of Machine after two years. *

5- X Ltd. purchased machine on 1st April, 2009 for Rs. 4,00,000. Depreciation is charged 10% p.a. with Reducing balance Method. Accounts are closed on 31st March every year. Calculate the value of Machine after two years. *

6- X Ltd. purchased machine on 1st July, 2009 for Rs. 50,000. Depreciation is charged 10% p.a. with Reducing balance Method. Accounts are closed on 31st March every year. Calculate the value of Machine after two years. *

7- X Ltd. purchased machine on 1st September, 2009 for Rs. 80,000. Depreciation is charged 15% p.a. with Reducing balance Method. Accounts are closed on 31st March every year. Calculate the value of Machine after two years. *

8- X Ltd. purchased machine on 1st January, 2009 for Rs. 20,000. Depreciation is charged 10% p.a. with Reducing balance Method. Accounts are closed on 31st March every year. Calculate the value of Machine after two years. *

9- X Ltd. purchased machine on 31st March, 2009 for Rs. 1,00,000. Depreciation is charged 10% p.a. with Reducing balance Method. Accounts are closed on 31st March every year. Calculate the value of Machine after two years. *

10- X Ltd. purchased machine on 1st April, 2009 for Rs. 1,00,000. Depreciation is charged 10% p.a. with Reducing balance Method. Accounts are closed on 31st December every year. Calculate the value of Machine after two years. *

please anwer these questions all. I will mark your answer as brainliest if it would be correct and answered nicely.
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Answer 1

ANSWER:

1.

annual depreciation= 100,000 * 10% = 10,000

depreciation after two years = 10,000 * 2 = 20,000

value of machinery after two years = 100,000 - 20,000 = Rs. 80000

2.

Depreciation (2009-2010) = 200,000 × 10% × 9/12

= 15,000

depreciation (2010-2011) = 200,000 × 10%

= 20,000

value of machinery after 2 years = 200000 - 15000 - 20000

= Rs. 165000

3.

Depreciation (2009-2010) = 100,000 × 15% × 7/12

= 8,750

depreciation (2010-2011) = 100,000 × 15%

= 15,000

Value of machinery after 2 years = 100000 - 8750 - 15000

= Rs. 76250

4.

Depreciation (Jan 2009- March 2009) = 200,000 × 20% × 3/12

= 10,000

depreciation (2009- 2010) = 200,000 × 20%

= 40,000

Value of machinery after 2 years = 200000 - 10000 - 40000

= Rs. 150000

5.

Depreciation (2009-2010) = 400,000 × 10%

= 40,000

Depreciation (2010-2011) = (400,000 - 40,000) × 10%

= 36,000

Value of machinery = 400,000 - 40000 - 36000

= Rs. 324,000

6.

Depreciation (2009-2010) = 50,000 × 10% × 9/12

= 3750

Depreciation (2010-2011) = (50,000 - 3750) × 10%

= 4625

Value of machinery = 50,000 - 3750 - 4625

= Rs. 41625

7.

Depreciation (2009-2010) = 80,000 × 15% × 7/12

= 7000

Depreciation (2010-2011) = (80,000 - 7000) × 15%

= 10950

Value of machinery = 80,000 - 7000 - 10950

= Rs. 62050

8.

Depreciation (Jan 2009-March 2009) = 20,000 × 10% × 3/12

= 500

Depreciation (2010-2011) = (20,000 - 500) × 10%

= 1950

Value of machinery = 20,000 - 500 - 1950

= Rs. 17550

9.

Depreciation (2009-2010) = 100,000 × 10%

= 10,000

Depreciation (2010-2011) = (100,000 - 10,000) × 10%

= 9,000

Value of machinery = 100,000 - 10000 - 9000

= Rs. 81,000

10.

Depreciation (2009-2010) = 100,000 × 10% × 9/12

= 7500

Depreciation (2010-2011) = (100000 - 7500) × 10%

= 9,250

Value of machinery = 100,000 - 7500 - 9250

= Rs. 83250