Estimated Net Residual Value

Calculate the Amount of annual Depreciation and Rate of Depreciation under Straight Line Method (SLM) from the following: Purchased a second-hand machine for Rs 96,000, spent Rs 24,000 on its cartage, repairs and installation, estimated useful life or machine 4 years. Estimated residual value Rs 72,000.

Residual volume is

Estimation

From the following information, estimate : (i) Value of output, (ii) Net value added at factor cost, (iii) Prove that income generated is equal to net value at factor cost.

From the following data relating to a firm (a) estimate the net value added at market prices (b) show that the net value added at factor cost is equal to the sum of factor income :