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Ram&co.purchased a machinery for ₹21000 on …

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Ram&co.purchased a machinery for ₹21000 on 1st april 2019.The estimated life of the machinery is 10 years,after which its residual value will be ₹1,000 only.Find the amount of annual depreciation according to the fixed instalment method.Ignore GST.

Posted by Pawan Kumar 6 years, 3 months ago

CBSE > Class 11 > Accountancy

1 answers

Gourav Agrawal 6 years, 3 months ago

Annual depreciation=2000/year

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