List of top Accountancy Questions on Depreciation

A machine purchased for \( ₹1,50,000 \) has a residual value of \( ₹30,000 \) and useful life of 6 years. Annual depreciation under Straight Line Method will be:
A firm purchased machinery for \( \₹ 2,00,000 \) on 1st April 2025. Depreciation is charged at \(10%\) p.a. by Written Down Value Method. The depreciation for the first year will be:

Calculate depreciation using the following data: 

Write the formula to calculate the depreciation by using SLN (Straight Line) method in MS Excel.