Calculate depreciation for 4th year under sum of years digits method cost of the asset is rs.1,00,000 life time 5 years salvage value is 10% 1)6,000 2)18,000 3)24,000 4)12,000?

Answers

Nisha Pawar
Mar 20, 2022
Cost of asset is Rs.100000
life time 5 years
salvage value is 10%
calculate depreciation
100000×10%=10000
Then, 100000-10000=90000

calculate depreciation for 4th year;

90000÷5=18000

Answer = (b) 18000

Cost of asset is Rs.100000life time 5 years salvage value is 10% calculate depreciation 100000×10%=10000 Then, 100000-10000=90000 calculate depreciation for 4th year; 90000÷5=18000 Answer = (b) 18000
Cost of asset is Rs.100000life time 5 years salvage value is 10% calculate depreciation 100000×10%=10000 Then, 100000-10000=90000 calculate depreciation for 4th year; 90000÷5=18000 Answer = (b) 18000