Calculation of amount of depreciation under slm

Assignment Help Financial Accounting
Reference no: EM13516617

Calculation of amount of depreciation under SLM.

A machine was purchased for Rs 96,000. Expenses incurred on its cartage and installation Rs 24,000. The residual value at the end of its Expected Useful Life of 4 years is estimated at Rs 48,000. Calculate the amount of depreciation for the first year ending on Mar 31, 2009 if the machine was purchased on (i) Apr 1, 2008, (ii) July 1, 2008, (iii) Oct 1, 2008 and (iv) Jan 1, 2009.

Reference no: EM13516617

Questions Cloud

Calculate the width of the square well : The ground state energy of an electron in an infinite square well is 3.24 x 10-3eV. What is the width of the square well
Explain how much heat flowed into the water : A metal sample Having a temperature of 100C and a mass of 45.2 g was placed in 50 g of water with a temperature of 26C. At equilibrium, the final temperature was 32.7 C. How much Heat flowed into the water. what is the heat capacity of the metal
Find how many protons strike the target : A beam of protons at an accelerator creates a current of 164uA. If the beam is focused on a target, how many protons strike the target in 60.0s
Define metabolism of one mole of glycerol trioleate c51h93o6 : The metabolism of one mole of glycerol trioleate C51H93O6, a common fat , producess 3.022*10 Kj of heat. How many grams of the fat must be burned to raise the temperature of 50 g of water from 25 Cto 30 C
Calculation of amount of depreciation under slm : Calculate the amount of depreciation for the first year ending on Mar 31, 2009 if the machine was purchased on (i) Apr 1, 2008, (ii) July 1, 2008, (iii) Oct 1, 2008 and (iv) Jan 1, 2009.
Create matlab function to plot the rotation of a wheel : Create Matlab function to plot the rotation of a wheel without sleeping. Plot the trajectory of any point on the wheel.
Explain calculate the ph of the resulting solution : Consider the titration of 80.0 mL of 0.100 M Ba(OH)2 by 0.400 M HCl. Calculate the pH of the resulting solution after the following volumes of HCl have been added.
Calculate the profit or loss on sale of machine : Calculation of profit - loss on sale of asset under SLM - Calculate the profit or loss on sale of machine in each of the following alternative cases:
How far above the tabletop is the center of gravity of stack : A penny has a mass of 2.5 and is 1.5 thick; a nickel has a mass of 5.7 and is 1.9 thick. how far above the tabletop is the center of gravity of the stack

Reviews

Write a Review

Financial Accounting Questions & Answers

  Describe the differentiation between product versus general

Describe the differentiation between product versus general, selling, and administrative costs by setting up financial statements from the transactions in the problem. Respond to at least two of your classmates’ postings.

  Manual practice set refer to the feedback sheet attached to

refer to the feedback sheet attached to see where marks could be lost. you are not required to complete the

  Company realizes a contribution margin

It would save $6,300 per year over the present method of delivering pizzas. In addition, it would result in the sale of 2,300 more pizzas each year. The company realizes a contribution margin of $1 per pizza.

  What is the effective annual rate on this loan

What is the effective annual rate on this loan? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations.

  Write a paper of no more than 1000 words responding to the

write a paper of no more than 1000 words responding to the questions below format the paper and presentation consistent

  Illustrate what is the total amount credited to the factory

If the predertimed overhead rate is base on machine hours, illustrate what is the total amount credited to the factory overhead account for the year for carlson?

  1 what is the campanys revenue recongnition policy2

1. what is the campanys revenue recongnition policy?2. assuming that 50 million of cost of sales was due to non

  Youve just been hired onto abc company as the corporate

youve just been hired onto abc company as the corporate controller. abc company is a manufacturing firm that

  Illustrate what is the expected return of your portfolio

assume that you have $200,000 invested in a stock that is returning 14%, $300,000 invested in a stock that is returning 18%, and $400,000 invested in stock that is returning 15%. illustrate what is the expected return of your portfolio?

  Illustrate what is it about these two types of accounts

Among financial statement frauds, Revenue and Inventory accounts are the ones most often used to perpetrate fraud. Illustrate what is it about these two types of accounts that makes them more prone to fraud?

  Is the company too reliant on long-term debt financing

All questions pertain to Home Depot 1. Does the company's management appear to be managing debt properly? Is the company too reliant on long-term debt financing?

  Record the transactions in t accounts

Record the transactions in T accounts and prepare a trial balance for the end of the month.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd