Question

an Assekande
6 years
8 years
Alc: Rs. 16,000]
3. From the following information, calculate the amount of depreciation for one year
under straight line method :
Cost
Turn-in-Value
Estimated life
Rs.
Rs.
Furniture
1,46,400
960
Plant
3,05,600
6,560
(Ans : Dep. : for Furniture Rs. 24,240;
Plant: Rs. 37,380]
4. How will you show asset in the balance sheet as on Dec. 31, 2002 when (i) Normal
depreciation method is adopted (ii) When provision for depreciation method is adopted?
Details are :
Cost price of the asset = Rs. 24,000
Depreciation per year = Rs. 2,000
Purchase date of the asset = 1-1-1998
preciation
.​

Answer 1

Answer:

I don no sorry..............