find out the amount of depreciation for the following case under WDV method for the first 5 years : cost 1,20,000; salvage value Rs. 10,000; rate of depreciation 25% round the amount to nearest rupee
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WDV method for the first 5 years : cost 1,20,000; salvage value Rs. 10,000; rate of depreciation 25% round the amount to nearest rupee
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Answer:
after 5 year the value will be 21830
Explanation:
1st year : dep=32500 ; value = 103500
2nd year : dep=25875; value=77625
3rd year: dep=19406; value=58214
4th year: dep=14554; value=43660
5th year:dep=21830; value=21830
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