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Original cost= 1,26,000.salvage value= 6000.useful life = 6 years. Annual depreciation under SLM. a. Rs 21000, b. Rs.20000, c. Rs15000, d. Rs. 14000?

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Question added by Anil kumar V
Date Posted: 2015/09/03
Mohamed Ahmed Abdel Razik Darwesh, CMA
by Mohamed Ahmed Abdel Razik Darwesh, CMA , Senior Costing and budgeting Accountant , Hero Middle East and Africa (Vitrac)

Depreciation expense= ()/6=0 Rs , correct answer is B

Salman Daud
by Salman Daud , Chief Accountant , Cool Inc

b),

Depreciable Cost Rs.,

No of years 

Mansoor Ahmed Malik
by Mansoor Ahmed Malik , HR Coordinator , University of Central Punjab

SLM = Cost - Salvage Value/ Estimated Life 

 

,/6 =, Depreciation. 

So the answer is "b"

Ahmed Gawish
by Ahmed Gawish , Group CFO , MBF

a0 as salvage value dont count

Deleted user
by Deleted user

b. Rs20000 thus (126,000 -6,000) /6

Rahul Saxena
by Rahul Saxena , Deputy Manager , Aircel Ltd

Answer is B)20,000/- for each of the6 yrs

Said Shaban
by Said Shaban , Accountant , Tri State Materials Testing

The answer is: B -20,000

Annual Depreciation = (126,000 -6000) /6 =20,000

Tarek Mohammed Hamed
by Tarek Mohammed Hamed , Financial Manager , SABA Medical Company (Saba Polyclinics and Pharmacies)

Annual depreciation under SLM B

Asad Ahmed
by Asad Ahmed , Manager Finance & Company Secretary , Connect Communications Pvt. Ltd.

The annual depreciation will be Rs.20,000/-

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