Model: Computation of depreciation under Straight Line Method.
Calculate the Rate of Depreciation under SLM.
|
Purchase Price |
Expenses to |
Estimated |
Expected |
|
|
of Machine |
be Capitalised |
Residual Value |
Useful Life |
|
|
Rs |
Rs |
Rs |
Years |
|
|
(i) |
24,000 |
6,000 |
12,000 |
4 |
|
(ii) |
5,100 |
900 |
600 |
10 |
|
(iii) |
13,500 |
1,500 |
3,000 |
10 |
|
(iv) |
60,000 |
15,000 |
7,500 |
5 |