Question

if the cost on the asset is rupees 20000 scrap value is 5000 life is 5 years the amount of depreciation per year will be???​

Answer 1

Answer:

The amount of depreciation per year will be Rs 3,000

Explanation:

Given :

The cost on the Asset = Rs 20,000

Scrap Value = Rs 5,000

Estimated useful life of Asset (in years) = 5

To find :

Amount of depreciation per year

Solution :

★  Annual Depreciation :

Annual Depreciation = (Total cost of Asset - Scrap Value) / Estimated useful life of asset

• Annual Depreciation :

⇒$\sf{\dfrac{(Total\:cost\:of\:Asset \: - \: ScrapValue)}{Estimated \: useful \: life \: of \: asset}}$

⇒ $\sf{\dfrac{(20,000 - 5,000)}{5}}$

⇒ $\sf{\dfrac{15,000}{5}}$

⇒ $\sf{\dfrac{15,000}{5} = 3,000}$

Annual Depreciation = Rs 3,000

Therefore,

The amount of depreciation per year will be Rs 3,000

Answer 2

Which is true regarding lumped system analysis​