An asset is purchased for Rs.50000.The rate of depreciation is 15% p.a.calculate the annual depreciation for the first two years under diminishing balance method
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Answered by
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FIRST TWO YEARS DEPRECIATION COST IS
₹ 15000
IT CHARG 7500 YEARLY.
₹ 15000
IT CHARG 7500 YEARLY.
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Answered by
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Hey mate ✌️✌️
first two years under diminishing balance method (depriciation) ➡️150000
✨ Hope this helps you ✨
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