Economy, asked by R100V100, 1 month ago

calculate depreciation on capital asset from the following data estimate life 7 years capital value 120 crore scrap value 15 crore

Answers

Answered by preetidahiyag

2

Answer:

asset value = 120cr.

scrap value = 15cr.

estimated life = 7 years

straight line depreciation formula is= Asset value - scrap value divide by estimated life

depreciation = 120cr.- 15cr./7= 15cr.

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