Question

Q27: A furniture costing Rs 2,00,000
purchased on 01st October 2008. the
depreciation is charged @ 15% p.a.
on Diminishing Balance method. what
will be the value of furniture as on
O1st April 2010​

Answer 1

Answer:

Under written down value method, depreciation is charged on the written down value of the asset every year. In this method, the amount of depreciation changes every year and get reduces as written down value decreases every year.

For example, Cost of asset is Rs.10000 depreciation 10% on W.D.V. method.

Cost of Asset; Rs.10000

Less: Depreciation for year I @10% Rs. 1000

------------------

W.D.V of asset on year II Rs.9000

Less: Depreciation for year II @10% Rs. 900

and so on...

Answer 2

SOLUTION

WDV on 31st march 2013 = RS-72900 x 100/90

                                           = RS-81,000

WDV on 31st march 2012 = RS-81,000 x 100/90

                                           = RS-90,000.

Value on 1st April 2013     = RS-90,000 x 100/90

                                            = RS-1,00,000.

PLS MAKE ME BRAINLIEST