Math, asked by pragatip2307, 3 months ago

A machine life of which is ultimate to be 10 years cost 20000 calculate scrap value at end of its life at the rate of 10% P.a

Answers

Answered by Anonymous

4

Under straight line method of depreciation, depreciation expense is calculated as below:

Depreciation = (Cost of Asset - Scrap value)/ Estimated useful life

Depreciation = (Rs. 252000 - Rs. 12000) / 6 years

Depreciation = Rs. 240000 / 6 years

Depreciation = Rs. 40000

Hope this'll help you.

pragatip2307: read the question properly

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