Section
Sec A 1
Question No. 4
Given that the rate of depreciation is 10% p.a for an asset costing Rs. 100,000 and a scrap value of Rs. 10,000 under the Written Down Value
(WDV) method, what is the depreciation amount for the 2nd year?
ORs. 9,000/-
O Rs. 8,000/-
None of the given options
Rs. 10,000/-
ho
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Answer:
ANSWER
Depreciation under straight line method and written down value method will be calculated as under:
SLM WDV Method
Cost of Assets: 10000 10000
Depreciation Year I @10% 1000 1000
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Balance 9000 9000
Depreciation Year II @10% 1000 900
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Balance after 2 years 8000 8100
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Answer:
Give the answer 90000 of 8000