company purchase machine on 1-8-2011 costing @2200000 , it incurred expenditure on installation @ 200000 and the residual value is expected to be 200000 the rate of is 15% , what would be the amount of depreciation under written down method ?
Option -;
a) 1,45000
b) 3,60000
c) 2, 40000
d) 200000
Answers
Answer:
if it helps you please mark me as Brainliest
11th
Accountancy
Depreciation
Methods of Recording Depreciation
Purchase Price of Machine R...
ACCOUNTANCY
Purchase Price of Machine Rs. 1,50,000, Installation Charges Rs. 50,000, Residual Value Rs. 81,920, Useful life 4 years, the amount of depreciation under WDV Method for the third year will be:
December 27, 2019avatar
Praveen Sravani
SHARE
ANSWER
Here , formula for WDV is - deprecciation rate = 100 * (1-n√s/c)
where n = number of years , s = salvage value , c = cost of asset
=[1-4√40960/100000] * 100
= [1-4√0.4096] * 100
= [1-.80]*100
=.20*100
=20
1st year WDV = 200000*20% = 40000 = 200000-40000 = 160000
2nd Year WDV = 160000*20% = 160000-32000 = 128000
3rd Year WDV = 128000*20% = 25600
Answer: 240000
Explanation: