On 1st October 2018, Vishwas Enterprise purchased plants and machinery worth Rs. 1,00,000 / -.
And it was decided to reduce the depreciation at the rate of 50% per annum as per the remaining method.
Count. Bought additional machines on 1st January 2018.
Mechanical accounts till 31st March 2018. The financial year ends on 31st March.
Create a machine account.
Answers
Answered by
5
Answer:
As per question
Cost of Plant = Rs 50,000
Useful life = 10 years
Residual value = Rs 5000
Depreciation = Cost-Residual value/Estimated useful life
=50,000-5,000/10
=45000/10
=4500
Also,
rate of depreciation = Annual depreciation/cost of plant x 100
= 4500/50,000 x 100
= 9%
Explanation:
Answered by
0
Answer:
9% is ur correct answer dude.........❤♥❤♥❤♥❤
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