Question

If the cost of machinery is Rs.80000/-, carriage for machinery is Rs.4000/- , the scrap value is Rs. 3000/- and the life of machinery is 9 years; What is the depreciation for per annum? *​

Answer 1

Explanation:

Solution :

Annual Depreciation = Cost of machinery - Scrap Value / Useful life of machinery

Rs.80000 + Rs.4000 = 84,000

84,000 - 3,000 / 9

81,000 / 9

9,000

Annual Depreciation = Rs.9,000

Answer 2

Answer:

Annual Depreciation = Rs 9,000

Explanation:

Given :

• The Cost of machinery = Rs.80000/-

• The Scrap Value = Rs. 3000/-

• The life of machinery (in years) = 9 Years

To find :

• Annual Depreciation

Solution :

★  Annual Depreciation :

Annual Depreciation = (The Cost of machinery - Scrap Value) / The life of machinery

• Annual Depreciation :

$\sf{\dfrac{(The \: Cost \: of \: machinery \: - \: Scrap \: Value)}{The \: life \: of \: machinery}}$

$\longrightarrow \:80,000 + 4,000 = 84,000$

$\sf{\longrightarrow \dfrac{(84,000 \: - \: 3,000)}{9}}$

$\sf{\longrightarrow{\dfrac{81,000}{9}}}$

$\sf{\longrightarrow{\dfrac{81,000}{9} \: = \: 9,000}}$

$\longrightarrow \:  9,000$

Therefore,

Annual Depreciation = Rs 9,000