What is the rate of depriciation on refigerator
two wheeler-20% on wdv refrigerator-10%on slm
10% is the rate of depreciation on air condition
Accelerated depreciation is method in which double rate for depreciation is used as compare to straight line method.
The Rate of Depreciation on Computer as per Companies Act is 40%
Seven years
What is the rate of depriciation on refigerator
two wheeler-20% on wdv refrigerator-10%on slm
10% is the rate of depreciation on air condition
Accelerated depreciation is method in which double rate for depreciation is used as compare to straight line method.
The Rate of Depreciation on Computer as per Companies Act is 40%
12%
The annual depreciation for the refrigerator using the straight-line method would be calculated as follows: (Cost of the refrigerator - Estimated salvage value) / Useful life = ($198,500 - $30,500) / 15 years = $168,000 / 15 years = $11,200 per year.
Depreciation rate = 1/Useful life * 100 * 1.5 1/20 = 0.05 0.05*100*1.5 = 7.5 Depreciation rate is 7.5%
An advantage of depreciation is being able to have a tax deduction. A disadvantage is not being able to calculate the rate of depreciation for each year.
Rate of depreciation = 1-(salvage value/Cost of asset)^(1/n) n-> useful life of the asset. This rate of depreciation is charged on the net book value of the asset of each year.! The depreciation rates are high at the start and low towards the end of useful life of the asset
Seven years
10%