Question

Marks
If a machine cost Rs.100000 its accumulated depreciation is 25000, depreciation charged for the current year is 10000, what will be the book
value at the end of the period?
O Rs.65000​

Answer 1

Answer:

Full year vs. partial year depreciation expense ... A company purchased a machine that cost $100,000. ... The book value or cost of the asset less its accumulated depreciation must be.

Answer 2

The book value for the machinery at the end of the year is Rs.75,000

GIVEN: A machine cost Rs.100000 its accumulated depreciation is 25000, and depreciation charged for the current year is 10000
TO FIND The Value of the machinery at the end of the period.
SOLUTION:

As we are given in the question,

Cost of Machinery at the beginning of the year = Rs.1,00,000

Accumulated depreciation for the current year = Rs. 25,000

Therefore,

The value of machinery at the end of the year

= Cost of Machinery - Accumulated Depreciation

= 1,00,000 - 25,000

= 75,000

Therefore,

The book value for the machinery at the end of the year is Rs.75,000.

#SPJ2