Machinery Rate is 12000/- and residual value is 2000/- and
life span is 10yrs.Calculate the dep in Straight line
method.

Answer Posted / ashish pandey

machinery price-12000
residual value-2000
estimated life-10 yrs
dep=12000-2000/10
=1000

Is This Answer Correct ?    2 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Expand-------ANCS

1559


how to calculate share values of a company.

1667


Dear All, Could any body send me the format of Delivery Challan? What is Even Transfer and Branch Transfer?Please let me know if any body knows? ekathirvel@gmail.com

1966


WHAT IS THE DIFFERENCE BETWEEN PUBLIC COMPANY AND PRIVATE COMPANY? MUTUAL FUNDS? GOOD WILL? ABOUT YOUR PROJECTS?

1632


What do you mean by Revenue? does it include the Service Tax,VAT etc., by any chance ?

1541






cost accounting process

1511


plz send me a solved paper on SBI of clerk post

1827


All Accounting Question Related Send Me ..

1666


about tally erp9

2763


what is leverage n detail and tpoes of leverage with iagram?

1717


Examples of automatic generated content material of car logbook loans?

1330


EXPAND___________NBFCS

1604


WHAT IS DIFFERED INCOME TAX AND WHERE IT SHOWS IN BALANCE SHEET?

1767


Short Answer on _________Accounts Receivable

1452


How to calculate closing stock? I have opening stock of 72 lacs (average costing without tax) and purchase of 49 lacs (with tax) and sales of 101 lacs (without tax). What is my closing stock then???? Should i add tax in sales? Where all should tax be included and where all should tax NOT be included? Right now i calculated => 72(no tax)+49(with tax)-101(no tax) = 20 lacs. IS this correct?

1857