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charge depreciation @10% p.a. for two months on machine costing ₹3 00,000 |
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Answer» Depreciation a/c dr 60,000To machine a/c 60,000 295000 is the amount of 10 months that is the left months ?????? ?? ????????????= 300000×10/100×2/12=5000.???? ?? ????????? ????? ???????? ????????????=300000-5000=295000 depreciation for whole year...i.e. 10/100×300000=30000depreciation for two months....we know that by dividing 2(depreciation of months we want) and 12(total months in year) and multiplying them by the total depreciation we will get the depriciation of 2 months....2/12×30000=5000... |
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