Accountancy, asked by Muzammilpmoideen, 8 months ago

The original cost of á Machinery
3,50,000/- Érection charges
40,000/-, Preoperating cost
20,000/-, Salvage value after
8 years were 10,000/-
Calculate the annual
depreciation of the Machinery.

Answers

Answered by amitkumarswain2005

1

cost of the machinery =350000

salvage value = 20000 +10000

=30000

depreciation = 350000-30000 ÷8

= 320000÷8

= 40000

annual depreciation = 40000 +40000

= 80000.

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