aestion No. 8
• Plant purchase for contract of Rs.650.00
Plant is used for contract 9 month. Life of Plant
5 year and estimated scrap value Rs.50,000
Amount of depreciation
Answer
Answers
Answered by
0
Answer:
Depreciation = (original price - scrap value) / useful life
= (65,000 - 50,000)/5 = 15,000 / 5 = 3,000 Rs.
Similar questions
Social Sciences,
1 month ago
English,
1 month ago
Geography,
1 month ago
Biology,
3 months ago
Social Sciences,
3 months ago
Computer Science,
10 months ago
English,
10 months ago