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Calculate the ending book value of the machine

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Reference no: EM132584821

Double Declining Depreciation Question

The beginning book value of a machine is Rs 20000 on 1st January 2016

The useful life of Machine is 4 years

The depreciation rate is 40 % for 2016 and 2017. (Do not double this rate)

The depreciation rate is 50% for 2018 and 2019. (Do not double this rate)

Question 1: Calculate the ending book value of the machine in 2019.

Reference no: EM132584821

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