Which method of depreciation would you suggest for depreciating a five years lease?

Which method of depreciation would you suggest for depreciating a five years lease?
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Which method of depreciation would you suggest for depreciating a five years lease?
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The original cost of an equipment is Rs.10,000. Its salvage value at the end of its total useful life of five years is Rs. 1,000. Its book value at the end of two years of its useful life (as per straight line method of evaluation of depreciation) will be (A) Rs. 8,800 (B) Rs. 7,600 (C) Rs. 6,400 (D) Rs. 5,000

Description : The original cost of an equipment is Rs.10,000. Its salvage value at the end of its total useful life of five years is Rs. 1,000. Its book value at the end of two years of its useful life (as per straight line method of evaluation ... be (A) Rs. 8,800 (B) Rs. 7,600 (C) Rs. 6,400 (D) Rs. 5,000

Last Answer : (C) Rs. 6,400

why Novelty Chemicals bought a Motor Vehicle for$110,000 on January 5, 2016. The estimated usefullife of the vehicle is ten years. The disposal valueis estimated at $10,000. Annual depreciation is onthe straight line method?

Description : why Novelty Chemicals bought a Motor Vehicle for$110,000 on January 5, 2016. The estimated usefullife of the vehicle is ten years. The disposal valueis estimated at $10,000. Annual depreciation is onthe straight line method?

Last Answer : Novelty Chemicals bought a Motor Vehicle for$110,000 on January 5, 2016. The estimated usefullife of the vehicle is ten years. The disposal valueis estimated at $10,000. Annual ... for annualdepreciation.d) The Balance Sheet extracts for motor vehicle and itsrelated depreciation.full question

Which of the following methods of depreciation calculations results in book values greater than those obtained with straight line method? (A) Multiple straight line method (B) Sinking fund method (C) Declining balance method (D) Sum of the years digit method

Description : Which of the following methods of depreciation calculations results in book values greater than those obtained with straight line method? (A) Multiple straight line method (B) Sinking fund method (C) Declining balance method (D) Sum of the years digit method

Last Answer : (B) Sinking fund method

'P' is the investment made on an equipment, 'S' is its salvage value and 'n is the life of the equipment in years. The depreciation for Rath year by the sum-of year’s digit method will be (A) (P - S)/n (B) 1 - (P/S)1/m (C) (m/n) (P - S) (D) [2 (n - m + 1)/n(n + 1)]. (P - S)

Description : 'P' is the investment made on an equipment, 'S' is its salvage value and 'n is the life of the equipment in years. The depreciation for Rath year by the sum-of year’s digit method will be (A) (P - S)/n (B) 1 - (P/S)1/m (C) (m/n) (P - S) (D) [2 (n - m + 1)/n(n + 1)]. (P - S)

Last Answer : D) [2 (n - m + 1)/n(n + 1)]. (P - S)

Out of the following, the depreciation calculated by the __________ method is the maximum. (A) Diminishing balance (B) Straight line (C) Sum of the years digit (D) Sinking fund

Description : Out of the following, the depreciation calculated by the __________ method is the maximum. (A) Diminishing balance (B) Straight line (C) Sum of the years digit (D) Sinking fund

Last Answer : A) Diminishing balance

A machine has an initial value of Rs. 5000, service life of 5 years and final salvage value of Rs. 1000. The annual depreciation cost by straight line method is Rs. (A) 300 (B) 600 (C) 800 (D) 1000

Description : A machine has an initial value of Rs. 5000, service life of 5 years and final salvage value of Rs. 1000. The annual depreciation cost by straight line method is Rs. (A) 300 (B) 600 (C) 800 (D) 1000

Last Answer : (C) 800

A reactor having a salvage value of Rs. 10000 is estimated to have a service life of 10 years. The annual interest rate is 10%. The original cost of the reactor was Rs. 80000. The book value of the reactor after 5 years using sinking fund depreciation method will be Rs. (A) 40,096 (B) 43,196 (C) 53,196 (D) 60,196

Description : A reactor having a salvage value of Rs. 10000 is estimated to have a service life of 10 years. The annual interest rate is 10%. The original cost of the reactor was Rs. 80000. The book value of the reactor after 5 years ... method will be Rs. (A) 40,096 (B) 43,196 (C) 53,196 (D) 60,196

Last Answer : D) 60,196

Depreciation of machines fails under the indirect expenses head. As per income tax regulations, it is calculated by the __________ method. (A) Diminishing balance (B) Sinking fund (C) Multiple straight line (D) Sum of the years digit

Description : Depreciation of machines fails under the indirect expenses head. As per income tax regulations, it is calculated by the __________ method. (A) Diminishing balance (B) Sinking fund (C) Multiple straight line (D) Sum of the years digit

Last Answer : (A) Diminishing balance

A machine is purchased for Rs. 10,000,00 and has an estimated life of 10 years. The salvage value at the end of 10 years is Rs. 1,50,000. The book value of the machine at the end of 5 years using general straight line method of evaluation of depreciation is (A) Rs. 4,75,000 (B) Rs. 5,75,000 (C) Rs. 6,50,000 (D) Rs. 8,50,000

Description : A machine is purchased for Rs. 10,000,00 and has an estimated life of 10 years. The salvage value at the end of 10 years is Rs. 1,50,000. The book value of the machine at the end of 5 years using general straight line method ... Rs. 4,75,000 (B) Rs. 5,75,000 (C) Rs. 6,50,000 (D) Rs. 8,50,000

Last Answer : (B) Rs. 5,75,000

which method almost always produces the most depreciation in the first year? -General Knowledge

Description : which method almost always produces the most depreciation in the first year? -General Knowledge

Last Answer : B. ​Double-declining-balance.

(i) Fixed Installment Method of depreciation is also known as _________ cost method.

Description : (i) Fixed Installment Method of depreciation is also known as _________ cost method.

Last Answer : Complete the following sentence : (i) Fixed Installment Method of depreciation is also known as ... year. (v) Depreciation is ________ expenses.

Under the Reducing Balance, method depreciation is charged on the original cost.

Description : Under the Reducing Balance, method depreciation is charged on the original cost.

Last Answer : State whether the following statement are True or False with reason : Under the Reducing ... method depreciation is charged on the original cost.

(i) The method of charging depreciation under which depreciation is calculated on the original cost of an asset.

Description : (i) The method of charging depreciation under which depreciation is calculated on the original cost of an asset.

Last Answer : Write the word/term/phrase which can substitute each of the following statements: (i) The method ... , etc. incurred for the erection of machinery.

Under which method of depreciation does the number of depreciation change every year?

Description : Under which method of depreciation does the number of depreciation change every year?

Last Answer : Under which method of depreciation does the number of depreciation change every year?

Under which method of depreciation the amount of depreciation remains constant every year?

Description : Under which method of depreciation the amount of depreciation remains constant every year?

Last Answer : Under which method of depreciation the amount of depreciation remains constant every year?

Under ____________ method depreciation is calculated on written down value.

Description : Under ____________ method depreciation is calculated on written down value.

Last Answer : Under ____________ method depreciation is calculated on written down value. (a) Fixed Instalment (b) ... Balance (c) Revaluation (d) Depletion

What is the Reducing Balance Method of charging depreciation?

Description : What is the Reducing Balance Method of charging depreciation?

Last Answer : What is the Reducing Balance Method of charging depreciation?

Depletion method of depreciation is used in case of– (A) Cattle, Loose Tools, etc. (B) Mines, Quarries, etc. (C) Machinery, Building, etc. (D) Books

Description : Depletion method of depreciation is used in case of– (A) Cattle, Loose Tools, etc. (B) Mines, Quarries, etc. (C) Machinery, Building, etc. (D) Books

Last Answer : Answer: Mines, Quarries, etc.

Which of the following does not affect cash flows from a proposal: A. Salvage value B. Depreciation amount C. Tax rate change D. Method of project financing

Description : Which of the following does not affect cash flows from a proposal: A. Salvage value B. Depreciation amount C. Tax rate change D. Method of project financing

Last Answer : D. Method of project financing

All of the following influence capital budgeting cash flows except . A. choice of depreciation method for tax purposes B. economic length of the project C. projected sales (revenues) for the project

Description : All of the following influence capital budgeting cash flows except . A. choice of depreciation method for tax purposes B. economic length of the project C. projected sales (revenues) for the project

Last Answer : B. economic length of the project

The depreciation method which reduces the value of a machine by equal amount each year during the useful life is known as a) Estimated method b) constant percentage method c) compound interest method d) straight line method

Description : The depreciation method which reduces the value of a machine by equal amount each year during the useful life is known as a) Estimated method b) constant percentage method c) compound interest method d) straight line method

Last Answer : d) straight line method

The value of a property decreases __________ with time in straight line method of determining depreciation. (A) Linearly (B) Non-linearly (C) Exponentially (D) Logarithmically

Description : The value of a property decreases __________ with time in straight line method of determining depreciation. (A) Linearly (B) Non-linearly (C) Exponentially (D) Logarithmically

Last Answer : A) Linearly

________ of depreciation calculation accounts for the interest on investment. (A) Straight line method (B) Declining balance (C) Both (A) and (B) (D) Neither (A) nor (B)

Description : ________ of depreciation calculation accounts for the interest on investment. (A) Straight line method (B) Declining balance (C) Both (A) and (B) (D) Neither (A) nor (B)

Last Answer : D) Neither (A) nor (B)

Annual depreciation cost are not constant when, the __________ method of depreciation calculation is used. (A) Straight line (B) Sinking fund (C) Present worth (D) Declining balance

Description : Annual depreciation cost are not constant when, the __________ method of depreciation calculation is used. (A) Straight line (B) Sinking fund (C) Present worth (D) Declining balance

Last Answer : (D) Declining balance

The depreciation during the year 'n', in diminishing balance method of depreciation calculation, is calculated by multiplying a fixed percentage 'N' to the (A) Initial cost (B) Book value at the end of (n - 1)th year (C) Depreciation during the (n - 1)th year (D) Difference between initial cost and salvage value

Description : The depreciation during the year 'n', in diminishing balance method of depreciation calculation, is calculated by multiplying a fixed percentage 'N' to the (A) Initial cost (B) Book value at the end ... ) Depreciation during the (n - 1)th year (D) Difference between initial cost and salvage value

Last Answer : (B) Book value at the end of (n - 1)th year

An annuity is a series of equal payments occuring at equal time intervals, and this amount includes the sum of all payments plus interest, if allowed to accumulate at a definite rate of interest from the time of initial payment to the end of annuity term. Ordinary annuity is used in the calculation of the (A) Manufacturing cost (B) Depreciation by sinking fund method (C) Discrete compound interest (D) Cash ratio

Description : An annuity is a series of equal payments occuring at equal time intervals, and this amount includes the sum of all payments plus interest, if allowed to accumulate at a definite rate of interest from ... cost (B) Depreciation by sinking fund method (C) Discrete compound interest (D) Cash ratio

Last Answer : (B) Depreciation by sinking fund method

In declining balance method of depreciation calculation, the (A) Value of the asset decreases linearly with time (B) Annual cost of depreciation is same every year (C) Annual depreciation is the fixed percentage of the property value at the beginning of the particular year (D) None of these

Description : In declining balance method of depreciation calculation, the (A) Value of the asset decreases linearly with time (B) Annual cost of depreciation is same every year (C) Annual depreciation is the fixed percentage of the property value at the beginning of the particular year (D) None of these

Last Answer : (C) Annual depreciation is the fixed percentage of the property value at the beginning of the particular year

Depreciation (A) Costs (on annual basis) are constant when the straight line method is used for its determination (B) Is the unavoidable loss in the value of the plant, equipment and materials with lapse in time (C) Does figure in the calculation of income tax liability on cash flows from an investment (D) All (A), (B) and (C)

Description : Depreciation (A) Costs (on annual basis) are constant when the straight line method is used for its determination (B) Is the unavoidable loss in the value of the plant, equipment and materials with lapse in time ... income tax liability on cash flows from an investment (D) All (A), (B) and (C)

Last Answer : (D) All (A), (B) and (C)

Give journal entry for adjusting profit made due to change in method of depreciation.

Description : Give journal entry for adjusting profit made due to change in method of depreciation.

Last Answer : It can only be achieved by reducing rate of Dep retrospectively.

What is retrospective change in depreciation method?

Description : What is retrospective change in depreciation method?

Last Answer : It means change in accounting policy such that it was present from starting.

What is prospective change in depreciation method?

Description : What is prospective change in depreciation method?

Last Answer : Prospective Change means the effect of accounting estimate and new policy is from current date and in future entry.

Give equation for calculating depreciation under reducing balance method.

Description : Give equation for calculating depreciation under reducing balance method.

Last Answer : Dep per annum= (NBV- Salvage)*rate;

Give equation for calculating depreciation under straight-line method.

Description : Give equation for calculating depreciation under straight-line method.

Last Answer : Dep per annum= cost-salvage/useful life;

Annual depreciation as per straight line method, is calculated by?

Last Answer : Annual depreciation as per straight line method, is calculated by the capital cost minus the salvage value, is divided by the number of years of life.

Is it really possible to get 18%* rentals & 9 years lease guarantee on Believe It Or Not Campaign by M3M India, how you people are thinking about it?

Description : Is it really possible to get 18%* rentals & 9 years lease guarantee on Believe It Or Not Campaign by M3M India, how you people are thinking about it?

Last Answer : Yes it is 100% true now you get 18%* rentals and 9 years lease guarantee on M3M Commercial Projects, located at Main Golf Course Road Extn. M3M India Presenting, Believe It Or Not, India's biggest realty ... Road Gurgaon, please call to us at 1800-123-3333 to talk or log on to m3mindia dot com

Can a person less than 18 years of age sign a rental lease agreement in New York state?

Description : Can a person less than 18 years of age sign a rental lease agreement in New York state?

Last Answer : Yes they can, however the person under 18 must be legally emancipated. Without being emancipated, you can sign a lease but a parent must also sign for you.

A Firm is considering undertaking a project that would yield annual profits (after depreciation) of Rs 68,000 for 5 years. The initial outlay of the project would be Rs 800,000 and the project's assets would have a residual value of Rs 50,000 at the end of the project. What would be the accounting rate of return for this project? A 16% B 8.5% C 8.0% D 9.1%

Description : A Firm is considering undertaking a project that would yield annual profits (after  depreciation) of Rs 68,000 for 5 years. The initial outlay of the project would be Rs  800,000 and the project's assets would have ... accounting rate of return for this project?  A 16%  B 8.5%  C 8.0%  D 9.1%

Last Answer : A 16%

Suggest and explain any five measures to reform political parties? -SST 10th

Description : Suggest and explain any five measures to reform political parties? -SST 10th

Last Answer : Nine measures/suggestions to reform political parties are: 1.A Law should be made to regulate the internal affairs of political parties .It should be made compulsory for the political parties to ... media can play an important role in this. 9.Minimum qualification should be high school pass.

How can the formal sector loans be made beneficial for poor farmers and workers ? Suggest any five measures. -SST 10th

Description : How can the formal sector loans be made beneficial for poor farmers and workers ? Suggest any five measures. -SST 10th

Last Answer : 1. Formal sector loans can be made beneficial for poor farmers and workers by generating the appropriate level of awareness among them as to why they should borrow credit from formal sources and not ... are not only limited to the rich households. This has to be ensured by the formal sector.

Suggest and explain any five measures to reform political parties. -SST 10th

Description : Suggest and explain any five measures to reform political parties. -SST 10th

Last Answer : 1. A law should be made to regulate the internal affairs of political parties including the maintenance of a register of its members, following its own constitution, having an independent ... , by directly joining political parties can contribute towards the betterment of the nature of politics.

Suggest any five effective measures to reform political parties. -SST 10th

Description : Suggest any five effective measures to reform political parties. -SST 10th

Last Answer : The five measures to reform political parties: 1. Internal affairs of the political parties must be regulated by the law. For example, there must be an independent authority, a judge to ... . Political parties can improve if those who want such reformation join them to improve the decisions.

Suggest any five political reforms to strengthen democracy. -SST 10th

Description : Suggest any five political reforms to strengthen democracy. -SST 10th

Last Answer : 1. Legal constitutional changes i.e. the laws play an important role in political reform. But laws alone cannot help in political reforms. Therefore, democratic reforms need to be carried out ... focus on the entire process of implementation as well as the good solution to a particular problem.

Suggest any five measures to enhance the agricultural production in India. -SST 10th

Description : Suggest any five measures to enhance the agricultural production in India. -SST 10th

Last Answer : (i) Land reforms: Collectivisation, consolidation of holdings, cooperation and abolition of zamindari. (ii) Agricultural reforms: Green revolution and White revolution. (iii) Land ... Soil testing facilities, cold storage and transportation facilities are provided by government for farmers.

Suggest and explain any five measures to reform political parties. -SST 10th

Description : Suggest and explain any five measures to reform political parties. -SST 10th

Last Answer : Effective measures to reform political parties are: (i) A law should be made to regulate the internal affairs of political parties. (ii) It should be made compulsory for political parties to maintain ... caste and religion, OBC, SC, ST should not be utilized during election period in any form.

Henry takes the company's sales for the past five years and calculates a growth trend. Which sales forecasting method is being employed? A)time series analysis B)executive judgement C)correlation methods D)market tests

Description : Henry takes the company's sales for the past five years and calculates a growth trend. Which sales forecasting method is being employed? A)time series analysis B)executive judgement C)correlation methods D)market tests

Last Answer : A)time series analysis

If I am getting a lease transferred to me, what happens to the security deposit?

Description : If I am getting a lease transferred to me, what happens to the security deposit?

Last Answer : If you’re subletting from the tenant they’re usually responsible for the security deposit.

If a person signs a lease and then breaks it, does it hurt their credit?

Description : If a person signs a lease and then breaks it, does it hurt their credit?

Last Answer : Generally, yes, because you have a signed contract (the lease) and are not paying what is owed; you are breaking the contract. With rents, there are additional factors-livability of the property, ... credit checks. Skipping out on a lease hurts your chances of renting in the future. read this

What happens if someone moves into an apartment and their not on the lease and they have a misdemeanor Warrent . Can they be put on the lease with a Warrent?

Description : What happens if someone moves into an apartment and their not on the lease and they have a misdemeanor Warrent . Can they be put on the lease with a Warrent?

Last Answer : Why does he need to be put on the lease?