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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

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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 ...
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