Accountancy, asked by CMG1117, 1 year ago

what is the annual depreciation of machine actual value is 100000 with a life span of 10 years and scrap value of 5000?

Answers

Answered by sujiritha95
1

Depreciation amount = (cost of asset - scrap value ) / useful life of asset

=(100000-5000)/10

=95000/10

=9500

annual depreciation for the machine = 9500

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