Computer costing Rs. 200,000 was purchased in Year 1 and has an effective life of 5 years. What will be the written down value at the end of year three? *
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Depreciation for 2011
= (140,000 -140,000−20,000) x 1/5 x 9/12 = $18,000
Depreciation for 2012
= (140,000 -140,000−20,000) x 1/5 x 12/12 = $24,000
Depreciation for 2013
= (140,000 -140,000−20,000) x 1/5 x 12/12 = $24,000
Declining Balance Depreciation Method
Depreciation = Book value x Depreciation rate
Book value = Cost - Accumulated depreciation
Depreciation rate for double declining balance method
= Straight line depreciation rate x 200%
Depreciation rate for 150% declining balance method
= Straight line depreciation rate x 150%
Answered by
1
Answer:
80000
Explanation:
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