Question

Xyz ltd has a revenue of Rs 800000 and it has provided for depreciation at 10% slm method

Answer 1

80,000 is the depreciation

Answer 2

Depreciation amount during the year = 80,000

Explanation:

Given:

Revenue = 8,00,000

Depreciation rate = 10% = 10 / 100 = 0.1

Method : Straight-Line-Method

Computation of depreciation amount during the year:

Depreciation amount during the year = Revenue × Depreciation rate

Depreciation amount during the year = 8,00,000 × 0.1

Depreciation amount during the year = 80,000

Learn more:

https://brainly.in/question/7350113

#learnwithbrainly