Question

charge depreciation on machinery @ 12% for one month ( Machinery 1,00,000)​

Answer 1

Answer:

5000

Explanation:

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Answer 2

Answer:

Depreciation for 1 month = ₹ 1,000

Explanation:

Required:-

To calculate depreciation for machinery for 1 month

Given:-

Book value = 1,00,000

Rate = 12%

Period = 1 month

Solution:-

Book value × Rate × Period

1,00,000 × ¹²/₁₀₀ × ¹/₁₂ = 1,000