Machinery Rate is 12000/- and residual value is 2000/- and
life span is 10yrs.Calculate the dep in Straight line
method.
Answer Posted / anuradha
cost of machinery =12,000/-
residual value =2,000/-
life time of machinery is 10 yrs
depriciation=cost of machinery-solvage/life time
dep =12,000-2000/10
dep =1,000/- per year at 10%
| Is This Answer Correct ? | 11 Yes | 1 No |
Post New Answer View All Answers
1. Cold Ice, Inc. sells ice cream sells for $2 each. The variable costs per ice cream are $1 and the fixed overheard costs are $ 0.35. A summer camp wants to place a one-time order for 100 cone of ice cream at a price of $ 1.25 each. What is the minimum price hot dogs should be charge for this special order?
Short Answer on __________Trade
Expand-------ATBN
Telly ERP9 is perfect accounting softwear in excise unit.
Expand SCERT
wat is the fundamental analysys& technical analasys?and wat is the difference bewween fundamental analysys&technical analasys?
what is difference between account and accounting
Dear sir, I have complete B.com in march 2007, for past 4year i am doing some marketing jobs in insurance sector, now i need to change my job in accounting sector, i have heard that by doing SAP Fico there will be better opurtunity in corporate companies.
Expand---------PDBC
What is the Purpose of Preparing Bank Reconciliation Statement?
what are the aspects an auditor has to see when he/she is doing the Purchase,Sales and Journal Vouching
let me know the meaning and Nature of cash
What are the types of journal categories available in the Oracle AP?
Calculate Income Ta X On Nett Income Of Rs 365520 For Men,women And Senior Citizen For The Assessment Years 2009- 10 And 2010-11?
Short Answer on ________Accounts Payables