Question

1a. Calculate 10% P.A Depreciation on
Furniture 200,000 for 1 years
*
Honor​

Answer 1

Answer:

depreciation value will be 20000

Explanation:

the value of asset is 200000, it will be depreciated to 20000 for 1st year, with balance of 180000

then next year it'll it will be 18000 and balance will be 162000

Answer 2

Answer:

10% P.A. depreciation on the furniture = Rs. 20,000

Explanation:

According to the given formula

to calculate the cost of depreciation :

here, cost of asset = Rs. 2,00,000

rate = 10%

and period = 1 year

Depreciation = cost of asset x rate x period

= 200000 x 10/100 x 1

= 20,000 for 1 year.

Therefore, 10% P.A. depreciation on the furniture = Rs. 20,000

#SPJ3