Accountancy, asked by pappu948, 5 months ago

Fears. Estimated scrap at the end of five years is Rs. 5,000. Find out the rate of
machine was purchased for Rs. 30,000 on 1.1.86. This is
Short Answer Problems :
depreciation under the straightline method.
Madras, B.Com., Sept. "89]
[Ans: Annual Depreciation Rs. 5,000; Rate of Depreciation: 16.67%
From the following particulars
, prepare Machinery A/c for 3 years under S.L.M. :
Price of the Machine : Rs. 36,000
Freight charges : Rs. 2,500
Installation charges : Rs. 1,500
Life of the Machine : 5 years
[Bharathiar, B.B.M. Nov. 1999)
36,000+
os
11500
40.000​

Answers

Answered by gracekumar765
0

Explanation:

Depreciation in SLM = cost of assets+Installation charges-scrap value/estimated useful life

=100000-2000/5

=98000/5

Annual depreciation=19600

Rate of depreciation = Annual depreciation *100/cost of assets

=19600*100/100000

=19.6%

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