Complete the following chart: A B с D E F G H I J A B C D E F A B C D H I J E F ? ? 60,000 80,000 Complete the following chart. Value at 1.1.2005 Rs. 7,500 9,600 3.700 8,100 Cost Rs 36,000 65,000 80,000 128,000 69,000 74.000 19,700 20.80 ? ? 89,000 137.000 QUESTIONS Dep. Rate % 20 30 20 Complete the following chart. In all cases assume that deprecation method used is Reducing Instalment Method and financial year ends on 31 Dec. Cost Date of Purchase Rs. 10,000 1 Jan 50,000 1 Jan 50,000 1 July 48,000 1 March 25 20 30 20 20 ? ? Value at 31.12.2005 Rs. 4,750 3,800 Life In years 7,300 8,100 11,400 7 1 Jan 1 Jan 1 Jan 1 July 1Sept. 1 April 5 ? ? 8 6 11 9 8 10 Scrap value Rs Dep. For First Year Additions In 2005 Rs. 40,000 18,000 15,000 ? 6,000 9,000 9,250 10,400 8,100 8,100 ? ? ? ? ? 1,000 5,000 3,000 8,000 ? ? 8,000 5.500 11,000 17,000 Dep. For Second Yr ? Disposals in 2005 Rs Nil 4,000 ? ? Nil ? ? 200 1,800 2,100 2 ? Dep. per year Rs ? ? 7,000 24,000 8,000 12,000 7.500 9.500 ? Dep. For Third Year ? ? 2 ? ? ? ? ? Depreciation for 2005 Rs. ? ? ? ? 7,600 6.700
Complete the following chart: A B с D E F G H I J A B C D E F A B C D H I J E F ? ? 60,000 80,000 Complete the following chart. Value at 1.1.2005 Rs. 7,500 9,600 3.700 8,100 Cost Rs 36,000 65,000 80,000 128,000 69,000 74.000 19,700 20.80 ? ? 89,000 137.000 QUESTIONS Dep. Rate % 20 30 20 Complete the following chart. In all cases assume that deprecation method used is Reducing Instalment Method and financial year ends on 31 Dec. Cost Date of Purchase Rs. 10,000 1 Jan 50,000 1 Jan 50,000 1 July 48,000 1 March 25 20 30 20 20 ? ? Value at 31.12.2005 Rs. 4,750 3,800 Life In years 7,300 8,100 11,400 7 1 Jan 1 Jan 1 Jan 1 July 1Sept. 1 April 5 ? ? 8 6 11 9 8 10 Scrap value Rs Dep. For First Year Additions In 2005 Rs. 40,000 18,000 15,000 ? 6,000 9,000 9,250 10,400 8,100 8,100 ? ? ? ? ? 1,000 5,000 3,000 8,000 ? ? 8,000 5.500 11,000 17,000 Dep. For Second Yr ? Disposals in 2005 Rs Nil 4,000 ? ? Nil ? ? 200 1,800 2,100 2 ? Dep. per year Rs ? ? 7,000 24,000 8,000 12,000 7.500 9.500 ? Dep. For Third Year ? ? 2 ? ? ? ? ? Depreciation for 2005 Rs. ? ? ? ? 7,600 6.700
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
100%
Subject/Course: Financial Accounting.
Transcribed Image Text:Complete the following chart:
A
B
C
D
E
F
G
H
I
J
A
BUD
В
C
B
C
D
Complete the following chart.
E
F
F
G
H
I
J
G
H
I
J
K
L
?
?
?
?
60,000
80,000
Value at
1.1.2005
Rs.
7,500
9,600
3.700
8,100
19,700
23,800
6,600
90,100
8,700
11,400
Cost
Rs
36,000
65,000
80,000
128,000
69,000
74.000
?
?
?
?
89,000
137,000
QUESTIONS
Complete the following chart. In all cases assume that deprecation method used is Reducing
Instalment Method and financial year ends on 31 Dec.
Cost
Rs.
10,000
Date of
Purchase
1 Jan
50,000
1 Jan
50,000
1 July
48,000
1 March
Dep.
Rate %
20
30
20
25
20
30
20
20
?
?
Value at
31.12.2005
Rs.
4.750
3,800
7,300
8,100
11,400
19,700
7,700
100,900
?
?
Life
In years
7
17,650
200,000
98625
1 Jan
1 Jan
1 Jan
1 July
1Sept.
1 April
?
?
8
11
9
8
10
Dep. For
First Year
Additions
In 2005
Rs.
40,000
18,000
15,000
?
6,000
9,000
9,250
10,400
8,100
8,100
Scrap value
Rs
?
?
3,600
41,800
3.500
8,700
16,400
196,200
?
?
?
?
1,000
5,000
3,000
8,000
?
?
8,000
5.500
11,000
17,000
Dep. For
Second Yr
?
?
?
?
?
?
?
4,000
?
?
Disposals
in 2005
Rs
Nil
Nil
200
1,800
2,100
4,300
?
?
Dep. per year
Rs
1,100
1,300
4,400
79,100
?
?
7.000
24,000
8,000
12,000
7.500
9.500
?
?
Dep. For
Third Year
?
?
?
?
?
?
?
?
?
?
Depreciation
for 2005
Rs.
?
?
?
?
7,600
6,700
4,700
23,300
4,800
7800
4,350
17,100
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