Question

30,000
(c) Calculation of Depreciation on 2nd Machine:
Cost of the 2nd machine bought on 1st July, 2016
Less: Depreciation for 6 months @ 10% p.a. on 30,000 for 2016
Written down value on 1-1-2017
1,500
28,500
2,850
Less: Depreciation for 2017 @ 10% p.a. on 28,500
25,650
Written down value on 1-1-2018
2,565
Less: Depreciation for 2018 @ 10% p.a. on 25,650
23,085
Written down value on 1-1-2019​

Answer 1

Answer:

30,000

(c) Calculation of Depreciation on 2nd Machine:

Cost of the 2nd machine bought on 1st July, 2016

Less: Depreciation for 6 months @ 10% p.a. on 30,000 for 2016

Written down value on 1-1-2017

1,500

28,500

2,850

Less: Depreciation for 2017 @ 10% p.a. on 28,500

25,650

Written down value on 1-1-2018

2,565

Less: Depreciation for 2018 @ 10% p.a. on 25,650

23,085

Written down value on 1-1-2019