Opening balance of plant
Rs.4,00,000, Addition in current year
Rs.1,00,000, rate of depreciation 10%
charge on opening balance, what is
the amount of depreciation ?
Answers
Answered by
7
Answer:
Opening balance of plant
Rs.4,00,000, Addition in current year
Rs.1,00,000, rate of depreciation 10%
charge on opening balance, what is
the amount of depreciation ?
Answered by
0
"50000"
Explanation:
Opening Balance of Plant and Machinery = 400000
Addition in Current Year = 100000
Rate of Depreciation = 10%
Therefore,
400000+100000 = 500000
Depreciation Charges = 500000 x 10/100 = 50000
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