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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



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