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Original cost = Rs. 1,26,000. Salvage value = 6,000. Useful Life = 6 years. Annual depreciation under SLM will be
- a)Rs.21,000
- b)Rs.20,000
- c)Rs.15,000
- d)Rs.14,000
Correct answer is option 'B'. Can you explain this answer?
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Original cost = Rs. 1,26,000. Salvage value = 6,000. Useful Life = 6 y...
Calculation of Depreciation under SLM
Original cost = Rs. 1,26,000
Salvage value = Rs. 6,000
Useful life = 6 years
Depreciation is calculated using the straight-line method (SLM). Under this method, the depreciation amount remains constant each year. The formula for calculating depreciation under SLM is:
Depreciation expense per year = (Original cost – Salvage value) / Useful life
Substituting the given values in the above formula, we get:
Depreciation expense per year = (1,26,000 – 6,000) / 6
= 1,20,000 / 6
= Rs. 20,000
Therefore, the annual depreciation under SLM will be Rs. 20,000.
Original cost = Rs. 1,26,000
Salvage value = Rs. 6,000
Useful life = 6 years
Depreciation is calculated using the straight-line method (SLM). Under this method, the depreciation amount remains constant each year. The formula for calculating depreciation under SLM is:
Depreciation expense per year = (Original cost – Salvage value) / Useful life
Substituting the given values in the above formula, we get:
Depreciation expense per year = (1,26,000 – 6,000) / 6
= 1,20,000 / 6
= Rs. 20,000
Therefore, the annual depreciation under SLM will be Rs. 20,000.
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Original cost = Rs. 1,26,000. Salvage value = 6,000. Useful Life = 6 y...
126000-6000=120000 useful life=6 years 120000/6=20000
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Original cost = Rs. 1,26,000. Salvage value = 6,000. Useful Life = 6 years. Annual depreciation under SLM will bea)Rs.21,000b)Rs.20,000c)Rs.15,000d)Rs.14,000Correct answer is option 'B'. Can you explain this answer?
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Original cost = Rs. 1,26,000. Salvage value = 6,000. Useful Life = 6 years. Annual depreciation under SLM will bea)Rs.21,000b)Rs.20,000c)Rs.15,000d)Rs.14,000Correct answer is option 'B'. Can you explain this answer? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Original cost = Rs. 1,26,000. Salvage value = 6,000. Useful Life = 6 years. Annual depreciation under SLM will bea)Rs.21,000b)Rs.20,000c)Rs.15,000d)Rs.14,000Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Original cost = Rs. 1,26,000. Salvage value = 6,000. Useful Life = 6 years. Annual depreciation under SLM will bea)Rs.21,000b)Rs.20,000c)Rs.15,000d)Rs.14,000Correct answer is option 'B'. Can you explain this answer?.
Original cost = Rs. 1,26,000. Salvage value = 6,000. Useful Life = 6 years. Annual depreciation under SLM will bea)Rs.21,000b)Rs.20,000c)Rs.15,000d)Rs.14,000Correct answer is option 'B'. Can you explain this answer? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Original cost = Rs. 1,26,000. Salvage value = 6,000. Useful Life = 6 years. Annual depreciation under SLM will bea)Rs.21,000b)Rs.20,000c)Rs.15,000d)Rs.14,000Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Original cost = Rs. 1,26,000. Salvage value = 6,000. Useful Life = 6 years. Annual depreciation under SLM will bea)Rs.21,000b)Rs.20,000c)Rs.15,000d)Rs.14,000Correct answer is option 'B'. Can you explain this answer?.
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Original cost = Rs. 1,26,000. Salvage value = 6,000. Useful Life = 6 years. Annual depreciation under SLM will bea)Rs.21,000b)Rs.20,000c)Rs.15,000d)Rs.14,000Correct answer is option 'B'. Can you explain this answer?, a detailed solution for Original cost = Rs. 1,26,000. Salvage value = 6,000. Useful Life = 6 years. Annual depreciation under SLM will bea)Rs.21,000b)Rs.20,000c)Rs.15,000d)Rs.14,000Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of Original cost = Rs. 1,26,000. Salvage value = 6,000. Useful Life = 6 years. Annual depreciation under SLM will bea)Rs.21,000b)Rs.20,000c)Rs.15,000d)Rs.14,000Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an
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