Original cost = Rs 1,26,000. Salvage value = 6,000. Useful
Life = 6 years. Annual
depreciation under SLM will be
(a) Rs.21,000
(b) Rs.20,000
(c) Rs.15,000
(d) Rs.14,000

Answers were Sorted based on User's Feedback



Original cost = Rs 1,26,000. Salvage value = 6,000. Useful Life = 6 years. Annual depreciation un..

Answer / shalaka chavan

depreciation = cost- scrap 126000 - 6000
---------------- = -------------
Estimated life 6 years

= 120000
------- = 20000
6

So Total depreciation is Rs - 20000/-

Is This Answer Correct ?    11 Yes 0 No

Original cost = Rs 1,26,000. Salvage value = 6,000. Useful Life = 6 years. Annual depreciation un..

Answer / asha sawant

The correct answer is B.

Is This Answer Correct ?    7 Yes 0 No

Original cost = Rs 1,26,000. Salvage value = 6,000. Useful Life = 6 years. Annual depreciation un..

Answer / sneha pawar

{original cost (-)salvage value}/useful life= {126000-
6000}/6=rs. 20000

Is This Answer Correct ?    7 Yes 0 No

Post New Answer

More Accounting General Interview Questions

Original cost = Rs 1,26,000. Salvage value = 6,000. Useful Life = 6 years. Annual depreciation under SLM will be (a) Rs.21,000 (b) Rs.20,000 (c) Rs.15,000 (d) Rs.14,000

3 Answers  


why current ratio is 2:1.why it is not 100:1,10:1,20:1 in current ratio. please tell me....

8 Answers   Thomson Reuters,


what comes under real account?

3 Answers   CS Engineering, SK Accountant,


What does a demo/presentation need to be effective?

0 Answers  


Tell me what a deferred asset is and give an example?

0 Answers  






how to prepare balance sheet , p and l account ,

13 Answers  


what is the basic difference between pooling of interest method and purchase method in amalgamation

0 Answers  


What is mean by working capital?

0 Answers  


how to see reoprt of miro booking in SAP FI

0 Answers  


Under which group in airtel a/c ledger

3 Answers  


What is the TDS rate for Salary???????

4 Answers  


Definition of accounts payable

3 Answers   Genpact, Infosys, MNC, TATA,


Categories