WebRs.5000 spent on maintenance of computer is (a) Deferred capital expenditure (b) Capital expenditure (c) Revenue expenditure (d) None of the above. The Right answer of this … WebRs.5000 spent on maintenance of computer is A Deferred capital expenditure B Capital expenditure C Revenue expenditure D None of the above ANSWER & EXPLANATION …
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WebEach of the six machines is estimated to work 1,440 hours per year, while the effective working life is taken as 12,000 working hours for each large machine and 9,000 working hours for each small machine. Large machines cost Rs 20,000 each, and small machines Rs 4,000 each. Scrap values are Rs 4,000 and Rs 100 respectively. WebOn October 1, 2013 a machine costing Rs. 35,000 was purchased and Rs. 5,000 spent on transporting and installing it. On September 30, 2016 the above machine was discarded due to technological changes and it was sold to another firm for Rs. 15,000. A new machine was bought immediately on October 1, 2016 for Rs. 45,000.
WebApr 1, 2024 · Practical Questions for DK Goel Solutions Class 11 Chapter 16 Depreciation. Question 1: On 1st April, 2015, a limited company purchased a Machine for Rs. 1,90,000 and spent Rs. 10,000 on its installation. At the date of purchase, it was estimated that the scrap value of the machine would be Rs. 50,000 at the end of sixth year. WebRs.5000 spent on maintenance of computer is a) Deferred capital expenditure b) Capital expenditure c) Revenue expenditure d) None of the above Rs.5000 spent on maintenance …
WebRs. 5,000 spent on the replacement of parts of the machinery is charged to _________. A capital expenditure B revenue expenditure C deferred revenue expenditure D general … WebDepreciation of an Asset: Problem and Solution # 1. On 1st July, 2008 a company purchased a machine for Rs 3,90,000 and spent Rs 10,000 on its installation. It decided to provide depreciation @ 15% per annum, using written down value method. On 30th November, 2011 the machine was dismantled at a cost of Rs 5,000 and then sold for Rs 1,00,000.
WebOn 1st April, 2016, X Ltd. purchased a machine costing 4,00,000 and spent 乏 50,000 on its installation. The estimated life of the machinery is 10 years, after which its residual value will be र 50,000 only. Find the amount of annual depreciation according to the Fixed Instalment Method and prepare Machinery Account for the first three years. The books are closed on …
WebQuestion 2: On 1st April, 2016, X Ltd. purchased a machine costing ₹ 4,00,000 and spent ₹ 50,000 on its installation. The estimated life of the machinery is 10 years, after which its … dr naida stankovic iskustvaWebDec 23, 2024 · The cost of a new machine is Rs 5,000. The maintenance cost of nth year is given by C n = 500 (n –.. Company Y is operating an elderly machine that is expected to … rantzasWebMar 21, 2024 · If the repair cost is Rs. 25,000, whitewash expenses are Rs. 5,000, cost of extension of the building is Rs. 2,50,000 and of improvement in electrical wiring system is … rantz volume 2