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
Answers
Answered by
42
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).
Answered by
121
Answer:
Option I. 1,000
The amount of depriciation on a machine costing Rs. 12,000 which is estimated to have a life of 8 years and the scrap value is Rs. 4,000 is Rs. 1000.
Explanation:
Given :
Cost of an asset (Machine) = 12,000
Estimated useful life of asset = 8 years
Scrap value = 4,000
To find :
Amount of Depreciation p.a.
Solution :
Amount of Depreciation = Rs. 1000
Therefore, the amount of depriciation on a machine costing Rs. 12,000 which is estimated to have a life of 8 years and the scrap value is Rs. 4,000 is Rs. 1000.
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