Ch - depreciation and amortisation Q- a machinery with original cost of rupees 10 lakh and nail savage value acquired on 1st April 2019 with 4 years useful life was depreciated using straight line met

Question

Tamanna · Answer

Module me mistake hai lekin ICAI ne website par Module ki sabhi error and correction di hai.. Is me hai ...

Sharad · Answer

Machine sale on 1oct.2021 then answer is loss 255000 Machine sale on 1 oct. 2022 then answer is loss 5000

Rajvi · Answer

Yahh ! I know about it! Any way thanks

Nandan · Answer

Rajvi dekh sun ICAI module mai koi ek bhi aaisa chapter nahi jaha 100% MCQ ke answers right diye ho Mai PW se padh raha hu aur vaha bhi sir ne yahi bola ke ICAI module mai kafi galtiya hai

Rajvi · Answer

Yes but module me answer alag hi diya hai !

Gokila · Answer

I tried but the answer I get is 2,55000 of loss

Nandan · Answer

The answer needs to be loss of 2,55,000 With a starting value of 10,00,000 and 0 salvage value with a life of 4 years mean 2,50,000 depriciation per year The depriciation here is for 2.5 Yrs. (Entire 2019 & 2020 + Half 2021) which makes the depriciation amount to 6,25,000 and the value of the machine left as of 3,75,000 Now a machine costing 3,75,000 was sold for 1,20,000 therfore making a loss of 2,55,000 You haven't provided option D so I am guessing it's none of these and hence option D will be answer

Rajvi · Answer

Nahi diya hai rate of depreciation! Module ka question hai

Sujal · Answer

Mention the rate of depreciation

Ch - depreciation and amortisation Q- a machinery with original cost of rupees 10 lakh and nail savage value acquired on 1st April 2019 with 4 years useful life was depreciated using straight line met

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