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प्रश्न
Machinery was purchased on 1st January 2015 for ₹ 4,00,000. ₹ 15,000 was spent on its erection and ₹ 10,000 on its freight charges. Depreciation is charged at 10% per annum on the straight-line method. The books are closed on 31st March each year. Calculate the amount of depreciation on machinery for the first two years.
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उत्तर
Calculation on the amount of depreciation on machinery
| Date | Particular | Amount ₹ |
| 1.1.2015 | Cost price | 4,25,000 |
| 31.3.2015 | (-) Depreciation 10% `4,25,000 xx 10/100 xx 3/12` | 10,625 |
| 4,14,375 | ||
| 31.3.2016 | (-) Depreciation 10% `4,25,000 xx 10/100 xx 12/12` | 42,500 |
| Book value | 3,71,875 |
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