Asset purchase in 2008 at $R s .10000$ . The depreciation amount for $2$ years @ $10$ % p.a under straight line method ____________.

R s .1000

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R s .2000

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R s .1900

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R s .4000

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Solution

The correct option is C $R s .2000$
Depreciation for 1st year = 10000 * 10 /100 = 1000
Deprecation for 2nd year= 10000 * 10 /100 = 1000 ( calculate on original cost always in all subsequent years)
total Depreciation = 2000

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Asset purchase in 2008 at Rs.10000. The depreciation amount for 2 years @10% p.a under straight line method ____________.

The correct option is C Rs.2000Depreciation for 1st year = 10000 * 10 /100 = 1000Deprecation for 2nd year= 10000 * 10 /100 = 1000 ( calculate on original cost always in all subsequent years)total Depreciation = 2000

Asset purchase in 2008 at $R s .10000$ . The depreciation amount for $2$ years @ $10$ % p.a under straight line method ____________.

The correct option is C $R s .2000$
Depreciation for 1st year = 10000 * 10 /100 = 1000
Deprecation for 2nd year= 10000 * 10 /100 = 1000 ( calculate on original cost always in all subsequent years)
total Depreciation = 2000