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Posted on Oct 01, 2024

On Aprii 1 , 2 0 1 2 , company X purchased an equipment for Rs . 1 0 0 , 0 0 0 .

On Aprii

1, 2012,

company X purchased an equipment for Rs

. 100, 000 .

This was expected to have

5

useful life years. The salvage value was Rs

. 14, 000 .

Evaluate the depreciation expenses for

2012, 2013, 2014, 2015

and

2016

using a declining balance. If year Ending is

31

December.

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