Fixed assets is 400000 accumulated depreciation 100000 salvage value 100000 fixed assets age 6 years

Answer option >>>>>>>>>>>>>>>>>>>>  B-                   2

Given:

Cost =400,000

Salvage value =100,000

Estimated life =6 Years

Accumulated depreciation =100,000

(Cost - salvage value)/estimated life = annual depreciation

= (400,000 -100,000)/6 =50,000 per year

Then, according to your the given accumulated depreciation is 100,000 which is50,000 X2

So, Choice B2 years is the answer

(B) is the correct Ans.

Depreciation -400,000 -100,000 /6 =50,000 Per Year

So,50,000 @2 Years =100,000 Acc. Dep

Answer B-2 Years

Salvage value -100000( The estimated value that an asset will realize upon its sale at the end of its useful life.)

1st year Depreciation50000

2nd year Depreciation50000

3rd year Depreciation50000

4th year Depreciation50000

5th year Depreciation50000

6th year Depreciation50000

Accumulated Depreciation after6 year300000

Salvage Value =400000 –300000

                           =100000

 Accumulated Depreciation for2 years =100000

Yes agree B) is the answer

400 -100 RV divide by6 =50 annual depr. Therefore100 AD divide by50 =2 years

(B)2, is the correct answer.

Using straight line depreciation method, annual depreciation charge is50,000.Since accumulated depreciation is100,000 which is double of annual charge.

AN D ->>>>>>>>>>>>>4

Depreciable value =40,000 to10,000 = $30,000

Premium depreciation =30000 /6 = $50,000

Aad years depreciation calculated = () /50000 =4 years

I do agree with my fellow professionals answer (B) 2 years

B- 2 years depreciation (400000-100000)/6=50000 per yr

then 100000/50000=2

According the straight line depreciation method every year fixed assed is depreciated @ of 500,00 and the accumulated depreciation is shown 100,000 so it means that the asset is already depreciated for 2 years.

So the answer is Option B - 2