List of top Accountancy Questions on Depreciation asked in CUET (UG)

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: