Cost price of a machine is $3000, estimated residual value is $2000 and useful life is 5 years and by straight line method.

Question

What would be the depriciation

1 ) $ per Year

2) $ Per Year

3) $ per year

SULTAN-E- ROOM · Answer

=(3000-2000)/5

$ 200 each year

Muhammad Ramzan Tufail ACCA · Answer

Thanks Aliza...

Straight line Method = Cost - RV / Useful life, So, adjust figures in this formula.

= 3,000 - 2,000 / 5 = $ 200 Per Year

Ahmed Abouelmagd · Answer

2000 h / cash

1000 h / accumulated depreciation

To 2000 h / Original

1000 to h / earnings

حسين محمد ياسين · Answer

agree with answers >>>>>>>>>>>>>>>>>>>>>>>>>>>>>

Wasim khan wazir · Answer

200 per year........ ......

HASSAN AHMED · Answer

Cost of machine 3000, Residual Value or salvage value 2000, difference $1000

(3-2) / 5

As per straight line depreciation method, yearly depreciation will be $ 200

Meena Rajangam · Answer

$ 3000 - $2000 / 5 years = $ two hundred per year

Ghada Eweda · Answer

Acknowledge expert answer in field of financial analysis. Thanks

Luca Salvi · Answer

It sounds like a joke as it is so simple, but 3,000-2,000=1,000/5 = 200$/year.

Ahmed Siddiq · Answer

Cost price =3000r.v =2000depreciation =3000-2000/5year 1 =200

year 2 =200year 3 =200

Mohammad Iqbal Abubaker · Answer

I agree with the Answer added by: Ramzan Tufail Senior Accountant 29 days ago