Accountancy Class 11 DK Goel Chapter 9 Solutions: A Comprehensive Guide**
Book Value on 1st April 2018 = ₹ 50,000 Depreciation for 2018-19 = (₹ 50,000 x 20%) = ₹ 10,000 Book Value on 31st March 2019 = ₹ 50,000 - ₹ 10,000 = ₹ 40,000
A vehicle is purchased for ₹ 50,000 on 1st April 2018. Its expected life is 4 years and residual value is ₹ 10,000. Calculate the depreciation for the year 2018-19 using the Diminishing Balance Method at 20% p.a.
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Accountancy Class 11 Dk Goel Chapter 9 Solutions Review
Accountancy Class 11 DK Goel Chapter 9 Solutions: A Comprehensive Guide**
Book Value on 1st April 2018 = ₹ 50,000 Depreciation for 2018-19 = (₹ 50,000 x 20%) = ₹ 10,000 Book Value on 31st March 2019 = ₹ 50,000 - ₹ 10,000 = ₹ 40,000 accountancy class 11 dk goel chapter 9 solutions
A vehicle is purchased for ₹ 50,000 on 1st April 2018. Its expected life is 4 years and residual value is ₹ 10,000. Calculate the depreciation for the year 2018-19 using the Diminishing Balance Method at 20% p.a. Accountancy Class 11 DK Goel Chapter 9 Solutions: