1.

Calculate ‘Depreciation on Capital Asset’ from the following dataS.noParticularsAmount (in ₹crores) (i)Capital value of the asset 1,000(ii)Estimated life of the asset 20  years(iii)Scrap Value Nil

Answer»

Depreciation on capital asset  = cost of the capital asset - Scrap Value/Estimated life of the capital asset

Depreciation = 1000 - 0/20

Depreciation = Rs. 50 cores



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