Question

(b) Calculate 'Depreciation on Capital Asset from the following data
S. no.
(1)
Rs1,000 Crores
Particular
Capital value of the asset
Estimated life of the asset
Scrap value
20 years
es
Nil​

Answer 1

Answer:

........ .................

Answer 2

Answer:

Depreciation on capital asset = cost of the capital asset - Scrap Value/Estimated life of the capital asset.

Depreciation = 1000 - 0/20.

Depreciation = Rs. 50 cores.