UrbanPro

Take BCom Tuition from the Best Tutors

  • Affordable fees
  • 1-1 or Group class
  • Flexible Timings
  • Verified Tutors

Search in

Can you tell me the straight line method to calculate depreciation?

Asked by Last Modified  

Follow 0
Answer

Please enter your answer

Experienced teaching experience for 20 years

(Purchase price of asset +installation & other exp relating to purchase of asset as per AS-scrap value/no. of years of its economic life of asset. Each year depreciation charged will be equal amount.
Comments

CONTACT SOON & GET RESULTS.

In case of calculate straight line method in depreciation,the depreciation amount will be fixed in every time of deduction. eg.-10% depreciation should be charge on the value of machinery 50000.so the amount of depreciation is-5000.now the 5000 will be charge on every time.like- 1. 50000 - 5000=45000...
read more
In case of calculate straight line method in depreciation,the depreciation amount will be fixed in every time of deduction. eg.-10% depreciation should be charge on the value of machinery 50000.so the amount of depreciation is-5000.now the 5000 will be charge on every time.like- 1. 50000 - 5000=45000 2.45000-5000=40000 3.40000-5000=35000................ in these method once time the value of machinery show nil(zero balance) so it's called unscientific method. read less
Comments

Finance Specialist

(Original cost-Scrap value)/ Expected life of the fixed asset
Comments

Accounting and Taxation Expert

simple calculation that is net of total cost devided by usefull life of the assets.
Comments

Commerce Tutor

suppose if machine cost is rs 100000 and rate of dep is 10%.then you just calculate depreciation @10% which is rs10000 and charge it same for the next 10 months.means just charge rs10000 each for the periods. in case there is also scrap value given of rs 20000.then you have to just deduct that scrap...
read more
suppose if machine cost is rs 100000 and rate of dep is 10%.then you just calculate depreciation @10% which is rs10000 and charge it same for the next 10 months.means just charge rs10000 each for the periods. in case there is also scrap value given of rs 20000.then you have to just deduct that scrap value from the cost of machine.100000-20000=80000.now calculate dep @ of 10% on 80000 and charge it in your books. read less
Comments

Tutor

(cost of asset-salvage value)/life of asset
Comments

View 4 more Answers

Related Questions

Which course is best in IT

I Perfer to go for Cloud Automation Tools. i.e Ansible, Terrafrom and etc. This is best booming technologies in IT market for next 5 years.
Noman
What to do to take online classes explain me clearly?
Use skype, teamviewer , gotomeeting.com tools to have classes online.
Sai Ganesh Institute
How to calculate instant ime of 100000 ?
Formula to calculate E.M.I is / where P ( principal) = Rs.100000, You need to define I ( interest rate per month) and the n(tenure) in months. Interest outflow is more in the initial period and principal...
D
0 0
6

Which is the best proffessnal Course for become an entrepreneurs or business for women in india? 

Hey Priya, Do any Management course where it helps you to understand the core management skills required for any Entrepreneur. Also, get some knowledge in the PR. All the above, you should have some excellent...
Priya

How to make pakka Nati style Chicken Biriyani?

Ingredients 500 grams of chicken 500 grams rice (Sona masuri or bullet rice) One big onion sliced Four tablespoon oil 2-3 tablespoon chilli powder Two tablespoon coriander powder Salt For...
Ramakrishna
0 0
6

Now ask question in any of the 1000+ Categories, and get Answers from Tutors and Trainers on UrbanPro.com

Ask a Question

Related Lessons

Securities Premium Sec. 52 Of CA, 2013
Meaning: Issue of share/debenture at a price more than the face value The premium amount is credited to separate account called ‘Securities Premium Account It is not forming part of share capital/debenture The...
F

BBA Vs B.Com
Criteria BBA/BMS/BBM/BBS B.Com Uncommon Subjects 1. Organisation Behaviour & Psychology 2. Public Relations 3. Business Strategy 1. Corporate Laws 2. Indirect...

Benami Transactions
Prohibition of Benami Property Transaction Act, 1988, amended by Amendment Act 2016 An Act which prohibits Benami transactions and right to recover property held as Benami by benamidar and also proceeds...

What is an Assets ?
Assets are sometimes defined as resources or things of value that are owned by a company. Some examples of assets which are obvious and will be reported on a company's Balance Sheet include: cash, accounts...

Accounting: Principles, Concepts And Conventions
Q 1. Define Accounting. Ans. Accounting may be defined as the process of recording, classifying, summarizing and interpreting the financial transactions and communicating the results there of to the persons...

Recommended Articles

Quality education does not only help children to get a successful career and life, but it also hugely contributes to society. The formal education of every child starts from school. Although there are numerous schools, parents find it challenging to choose the right one that would fit their child. It is difficult for them...

Read full article >

With the current trend of the world going digital, electronic renaissance is a new movement that is welcomed by the new generation as it helps makes the lives of millions of people easier and convenient. Along with this rapidly changing movement and gaining popularity of Internet, e-Learning is a new tool that emerging...

Read full article >

Once over with the tenth board exams, a heavy percentage of students remain confused between the three academic streams they have to choose from - science, arts or commerce. Some are confident enough to take a call on this much in advance. But there is no worry if as a student you take time to make choice between - science,...

Read full article >

Learning for every child starts from a very young age. While the formal methods include school curriculums and private lessons, the informal methods include dancing, music, drawing, and various fun-filling activities. Playing games and practising these types of activities helps the children get out of boredom and...

Read full article >

Looking for BCom Tuition ?

Learn from the Best Tutors on UrbanPro

Are you a Tutor or Training Institute?

Join UrbanPro Today to find students near you
X

Looking for BCom Tuition Classes?

The best tutors for BCom Tuition Classes are on UrbanPro

  • Select the best Tutor
  • Book & Attend a Free Demo
  • Pay and start Learning

Take BCom Tuition with the Best Tutors

The best Tutors for BCom Tuition Classes are on UrbanPro

This website uses cookies

We use cookies to improve user experience. Choose what cookies you allow us to use. You can read more about our Cookie Policy in our Privacy Policy

Accept All
Decline All

UrbanPro.com is India's largest network of most trusted tutors and institutes. Over 55 lakh students rely on UrbanPro.com, to fulfill their learning requirements across 1,000+ categories. Using UrbanPro.com, parents, and students can compare multiple Tutors and Institutes and choose the one that best suits their requirements. More than 7.5 lakh verified Tutors and Institutes are helping millions of students every day and growing their tutoring business on UrbanPro.com. Whether you are looking for a tutor to learn mathematics, a German language trainer to brush up your German language skills or an institute to upgrade your IT skills, we have got the best selection of Tutors and Training Institutes for you. Read more