Question

25. A Machine costing 12,000 1 point
is estimated to have a life of 8
years and the scrap value is
estimated 4,000 at the end
of its useful life. Find out the
amount of depreciation p.a. *
O $1,000
O 800
1,200
O ₹2,000​

Answer 1

Step-by-step explanation:

Depriciation amount =

==> (Machine Cost - Scrap Value)/Life of Assets

==> (12,000 - 4,000)/8

==> 8,000/8

==> 1,000

Depriciation amount = Rs. 1,000

Hence, the depriciation amount is Rs. 1000. (Option first).