Question

original cost rs 126000 salvage value 6000 useful life of the asset 6 years annual depreciation under slm method


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Answer 1

Answer:

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$\sf{:}\implies$Calculation of depreciation under SLM=

$\sf{:}\implies$Original cost - Savage value/Useful life=

$\sf{:}\implies$126000-600/6= Rs20000