The amount of yearly depreciation under written down value method

Related MCQs

• Original cost of a machine is 1,50,000, residual value 10,000, if depreciation is charged @ 105 per annum under WDV method then depreciation for 3rd year will be
• Purchase price of Machine 8,90,000; Freight and Cartage 7,000; Installation charges 30,000; Insurance charges 20,000; Residual value is 40,000; estimated useful life 5 years. The amount of annual depreciation under straight line method will be
• The original cost of the machine is 19,00,000; machine installation charges are 1,00,000; working life of the machine is 5 years and residual value is 40,000. If the depreciation is charged on Straight Line basis then 4th year’s depreciation will be:
• X sends out goods to Y, costing 3,60,000. Goods are to be sold at cost plus 25% on sales. The consignor asked consignee to pay an advance for an amount equivalent to 60% of sales value. The amount of advance will be
• X of Delhi send out certain goods at cost + 25% of cost. Invoice value of goods is 1,20,000. 4/5th of the goods were sold by consignee at 1,00,000. Commission @ 2% up to invoice value and 10% of any surplus above invoice. The amount of commission will be
• X sends out certain goods to Y, costing 1,50,000 at cost plus 25% on invoice price. ¾ of the goods were sold by R at 1,76,000. Commission 5% upto invoice value a nd 10% of any surplus above invoice value. The amount of commission will be
• The value of an asset after deducting depreciation from the historical cost is known as
• On which of the following asset, depreciation is charged on ‘Depletion method’
• Goods of the invoice value of 2,40,000 sent out to consignee at 20% profit on cost, the loading amount will be
• In case of depreciable assets are revalued, the provision for depreciation is based on