Question

provide 10% p.a depreciation on machinery purchased for 120000 for 7 months​

Answer 1

Answer:

value of machine after charging depreciation = ₹1,13,000

depreciation charged = ₹ 7000

Explanation:

providing depreciation on machinery purchased for ₹1,20,000 for 7 months

$120000 \times \frac{10}{100} \times \frac{7}{12}$

= ₹ 7000

hope it will help u