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The balance in the accumulated provision for depreciation account of a company as at the beginning of the year 2010-11 was Rs. 2,00,000 when the original cost of the assets amounted to Rs. 10,00,000. The company charges 10% depreciation on a straight line basis for all the assets including those which have been either purchased or sold during the year. One such asset costing Rs. 5,00,000 with accumulated depreciation as at the beginning of the year of Rs. 1,00,000 was disposed off during the year.The balance of the accumulated depreciation account at the end of the year considering the current year’s depreciation charge would bea)Rs. 2,20,000b)Rs. 1,50,000c)Rs. 1,20,000d)Rs. 2,50,000Correct answer is option 'B'. Can you explain this answer? 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 The balance in the accumulated provision for depreciation account of a company as at the beginning of the year 2010-11 was Rs. 2,00,000 when the original cost of the assets amounted to Rs. 10,00,000. The company charges 10% depreciation on a straight line basis for all the assets including those which have been either purchased or sold during the year. One such asset costing Rs. 5,00,000 with accumulated depreciation as at the beginning of the year of Rs. 1,00,000 was disposed off during the year.The balance of the accumulated depreciation account at the end of the year considering the current year’s depreciation charge would bea)Rs. 2,20,000b)Rs. 1,50,000c)Rs. 1,20,000d)Rs. 2,50,000Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The balance in the accumulated provision for depreciation account of a company as at the beginning of the year 2010-11 was Rs. 2,00,000 when the original cost of the assets amounted to Rs. 10,00,000. The company charges 10% depreciation on a straight line basis for all the assets including those which have been either purchased or sold during the year. One such asset costing Rs. 5,00,000 with accumulated depreciation as at the beginning of the year of Rs. 1,00,000 was disposed off during the year.The balance of the accumulated depreciation account at the end of the year considering the current year’s depreciation charge would bea)Rs. 2,20,000b)Rs. 1,50,000c)Rs. 1,20,000d)Rs. 2,50,000Correct answer is option 'B'. Can you explain this answer?.

Solutions for The balance in the accumulated provision for depreciation account of a company as at the beginning of the year 2010-11 was Rs. 2,00,000 when the original cost of the assets amounted to Rs. 10,00,000. The company charges 10% depreciation on a straight line basis for all the assets including those which have been either purchased or sold during the year. One such asset costing Rs. 5,00,000 with accumulated depreciation as at the beginning of the year of Rs. 1,00,000 was disposed off during the year.The balance of the accumulated depreciation account at the end of the year considering the current year’s depreciation charge would bea)Rs. 2,20,000b)Rs. 1,50,000c)Rs. 1,20,000d)Rs. 2,50,000Correct answer is option 'B'. Can you explain this answer? 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 The balance in the accumulated provision for depreciation account of a company as at the beginning of the year 2010-11 was Rs. 2,00,000 when the original cost of the assets amounted to Rs. 10,00,000. The company charges 10% depreciation on a straight line basis for all the assets including those which have been either purchased or sold during the year. One such asset costing Rs. 5,00,000 with accumulated depreciation as at the beginning of the year of Rs. 1,00,000 was disposed off during the year.The balance of the accumulated depreciation account at the end of the year considering the current year’s depreciation charge would bea)Rs. 2,20,000b)Rs. 1,50,000c)Rs. 1,20,000d)Rs. 2,50,000Correct answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of The balance in the accumulated provision for depreciation account of a company as at the beginning of the year 2010-11 was Rs. 2,00,000 when the original cost of the assets amounted to Rs. 10,00,000. The company charges 10% depreciation on a straight line basis for all the assets including those which have been either purchased or sold during the year. One such asset costing Rs. 5,00,000 with accumulated depreciation as at the beginning of the year of Rs. 1,00,000 was disposed off during the year.The balance of the accumulated depreciation account at the end of the year considering the current year’s depreciation charge would bea)Rs. 2,20,000b)Rs. 1,50,000c)Rs. 1,20,000d)Rs. 2,50,000Correct answer is option 'B'. Can you explain this answer?, a detailed solution for The balance in the accumulated provision for depreciation account of a company as at the beginning of the year 2010-11 was Rs. 2,00,000 when the original cost of the assets amounted to Rs. 10,00,000. The company charges 10% depreciation on a straight line basis for all the assets including those which have been either purchased or sold during the year. One such asset costing Rs. 5,00,000 with accumulated depreciation as at the beginning of the year of Rs. 1,00,000 was disposed off during the year.The balance of the accumulated depreciation account at the end of the year considering the current year’s depreciation charge would bea)Rs. 2,20,000b)Rs. 1,50,000c)Rs. 1,20,000d)Rs. 2,50,000Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of The balance in the accumulated provision for depreciation account of a company as at the beginning of the year 2010-11 was Rs. 2,00,000 when the original cost of the assets amounted to Rs. 10,00,000. The company charges 10% depreciation on a straight line basis for all the assets including those which have been either purchased or sold during the year. One such asset costing Rs. 5,00,000 with accumulated depreciation as at the beginning of the year of Rs. 1,00,000 was disposed off during the year.The balance of the accumulated depreciation account at the end of the year considering the current year’s depreciation charge would bea)Rs. 2,20,000b)Rs. 1,50,000c)Rs. 1,20,000d)Rs. 2,50,000Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice The balance in the accumulated provision for depreciation account of a company as at the beginning of the year 2010-11 was Rs. 2,00,000 when the original cost of the assets amounted to Rs. 10,00,000. The company charges 10% depreciation on a straight line basis for all the assets including those which have been either purchased or sold during the year. One such asset costing Rs. 5,00,000 with accumulated depreciation as at the beginning of the year of Rs. 1,00,000 was disposed off during the year.The balance of the accumulated depreciation account at the end of the year considering the current year’s depreciation charge would bea)Rs. 2,20,000b)Rs. 1,50,000c)Rs. 1,20,000d)Rs. 2,50,000Correct answer is option 'B'. Can you explain this answer? tests, examples and also practice CA Foundation tests.