Access over 20 million homework & study documents

search

Solved assignment

Content type
User Generated
Rating
Showing Page:
1/2
Cost of the Machinery : 2,450,000.00
Depreciation Rate : 10% P.a.
Time period of use of Machinery: 5 Years
Disposed of Rate : 1,280,000.00
a.) Using Straight Line Method
Year
Depreciation
(Rs.@10%)
Accumulated
Depreciation (Rs.)
Written Down Value
(Rs.)
Depreciable Cost
-----------------------
-------------------------
2,450,000.00
31st Dec 2011
245,000.00
245,000.00
2,205,000.00
31st Dec 2012
245,000.00
490,000.00
1,960,000.00
31st Dec 2013
245,000.00
7350,00.00
1,715,000.00
31st Dec 2014
245,000.00
980,000.00
1,470,000.00
31st Dec 2015
245,000.00
1,225,000.00
1,225,000.00
b.) Using Diminishing Balance Method
Year
Depreciation
(Rs.@10%)
Accumulated
Depreciation (Rs.)
Written Down Value
(Rs.)
Depreciable Cost
-----------------------
-------------------------
2,450,000.00
31st Dec 2011
245,000.00
245,000.00
2,205,000.00
31st Dec 2012
220,500.00
465,500.00
1,984,500.00
31st Dec 2013
198,450.00
663,950.00
1,786,050.00
31st Dec 2014
178,605.00
842,555.00
1,607,445.00
31st Dec 2015
160,745.00
1,003,300.00
1,446,700.00

Sign up to view the full document!

lock_open Sign Up
Showing Page:
2/2

Sign up to view the full document!

lock_open Sign Up
Unformatted Attachment Preview
Cost of the Machinery : 2,450,000.00 Depreciation Rate : 10% P.a. Time period of use of Machinery: 5 Years Disposed of Rate : 1,280,000.00 a.) Using Straight Line Method Year Depreciable Cost Depreciation (Rs.@10%) ----------------------- Accumulated Depreciation (Rs.) ------------------------- Written Down Value (Rs.) 2,450,000.00 31st Dec 2011 245,000.00 245,000.00 2,205,000.00 31st Dec 2012 245,000.00 490,000.00 1,960,000.00 31st Dec 2013 245,000.00 7350,00.00 1,715,000.00 31st Dec 2014 245,000.00 980,000.00 1,470,000.00 31st Dec 2015 245,000.00 1,225,000.00 1,225,00 ...
Purchase document to see full attachment
User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.

Anonymous
Awesome! Made my life easier.

Studypool
4.7
Trustpilot
4.5
Sitejabber
4.4