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based on these information number of years fixed assets has been depreciated is
A-1
B-2
C-3
D -4
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
