CA Foundation Exam  >  CA Foundation Questions  >  On October 01 2009 two machines costing Rs 40... Start Learning for Free
On October 01 2009 two machines costing Rs 40000 and Rs. 30000 respectively, were purchased. On March 31.2013 both the machines had to be discarded because of damage and had to be replaced by two machines costing Rs. 50000 and Rs 40000 respectively. One of the discarded machine was sold for Rs. 12000 and against the other it was expected that Rs. 10000 would be realized. The firm provides depreciation @15% on written down value. Calculate depreciation for 2011 - 12.?
Most Upvoted Answer
On October 01 2009 two machines costing Rs 40000 and Rs. 30000 respect...
Depredations for the year 31/3/2010 is 40000*15÷100*6÷12=3000 so 40000-3000=37000.
depreciation for the year 31/3/2011 is 37000*15÷100=5550 so 37000-5550=31450.
depreciation for the year 31/3/2012 is 31450*15÷100= 4717.5 so 31450-4717.5=26732.5
so answer is 26732.5
Explore Courses for CA Foundation exam

Similar CA Foundation Doubts

On October 01 2009 two machines costing Rs 40000 and Rs. 30000 respectively, were purchased. On March 31.2013 both the machines had to be discarded because of damage and had to be replaced by two machines costing Rs. 50000 and Rs 40000 respectively. One of the discarded machine was sold for Rs. 12000 and against the other it was expected that Rs. 10000 would be realized. The firm provides depreciation @15% on written down value. Calculate depreciation for 2011 - 12.?
Question Description
On October 01 2009 two machines costing Rs 40000 and Rs. 30000 respectively, were purchased. On March 31.2013 both the machines had to be discarded because of damage and had to be replaced by two machines costing Rs. 50000 and Rs 40000 respectively. One of the discarded machine was sold for Rs. 12000 and against the other it was expected that Rs. 10000 would be realized. The firm provides depreciation @15% on written down value. Calculate depreciation for 2011 - 12.? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about On October 01 2009 two machines costing Rs 40000 and Rs. 30000 respectively, were purchased. On March 31.2013 both the machines had to be discarded because of damage and had to be replaced by two machines costing Rs. 50000 and Rs 40000 respectively. One of the discarded machine was sold for Rs. 12000 and against the other it was expected that Rs. 10000 would be realized. The firm provides depreciation @15% on written down value. Calculate depreciation for 2011 - 12.? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for On October 01 2009 two machines costing Rs 40000 and Rs. 30000 respectively, were purchased. On March 31.2013 both the machines had to be discarded because of damage and had to be replaced by two machines costing Rs. 50000 and Rs 40000 respectively. One of the discarded machine was sold for Rs. 12000 and against the other it was expected that Rs. 10000 would be realized. The firm provides depreciation @15% on written down value. Calculate depreciation for 2011 - 12.?.
Solutions for On October 01 2009 two machines costing Rs 40000 and Rs. 30000 respectively, were purchased. On March 31.2013 both the machines had to be discarded because of damage and had to be replaced by two machines costing Rs. 50000 and Rs 40000 respectively. One of the discarded machine was sold for Rs. 12000 and against the other it was expected that Rs. 10000 would be realized. The firm provides depreciation @15% on written down value. Calculate depreciation for 2011 - 12.? in English & in Hindi are available as part of our courses for CA Foundation. Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.
Here you can find the meaning of On October 01 2009 two machines costing Rs 40000 and Rs. 30000 respectively, were purchased. On March 31.2013 both the machines had to be discarded because of damage and had to be replaced by two machines costing Rs. 50000 and Rs 40000 respectively. One of the discarded machine was sold for Rs. 12000 and against the other it was expected that Rs. 10000 would be realized. The firm provides depreciation @15% on written down value. Calculate depreciation for 2011 - 12.? defined & explained in the simplest way possible. Besides giving the explanation of On October 01 2009 two machines costing Rs 40000 and Rs. 30000 respectively, were purchased. On March 31.2013 both the machines had to be discarded because of damage and had to be replaced by two machines costing Rs. 50000 and Rs 40000 respectively. One of the discarded machine was sold for Rs. 12000 and against the other it was expected that Rs. 10000 would be realized. The firm provides depreciation @15% on written down value. Calculate depreciation for 2011 - 12.?, a detailed solution for On October 01 2009 two machines costing Rs 40000 and Rs. 30000 respectively, were purchased. On March 31.2013 both the machines had to be discarded because of damage and had to be replaced by two machines costing Rs. 50000 and Rs 40000 respectively. One of the discarded machine was sold for Rs. 12000 and against the other it was expected that Rs. 10000 would be realized. The firm provides depreciation @15% on written down value. Calculate depreciation for 2011 - 12.? has been provided alongside types of On October 01 2009 two machines costing Rs 40000 and Rs. 30000 respectively, were purchased. On March 31.2013 both the machines had to be discarded because of damage and had to be replaced by two machines costing Rs. 50000 and Rs 40000 respectively. One of the discarded machine was sold for Rs. 12000 and against the other it was expected that Rs. 10000 would be realized. The firm provides depreciation @15% on written down value. Calculate depreciation for 2011 - 12.? theory, EduRev gives you an ample number of questions to practice On October 01 2009 two machines costing Rs 40000 and Rs. 30000 respectively, were purchased. On March 31.2013 both the machines had to be discarded because of damage and had to be replaced by two machines costing Rs. 50000 and Rs 40000 respectively. One of the discarded machine was sold for Rs. 12000 and against the other it was expected that Rs. 10000 would be realized. The firm provides depreciation @15% on written down value. Calculate depreciation for 2011 - 12.? tests, examples and also practice CA Foundation tests.
Explore Courses for CA Foundation exam

Top Courses for CA Foundation

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev