CA Foundation Depreciation — practice questions

Explore 2 free Depreciation questions in CA Foundation Accounting. Open each question or exercise to read its content, reference answers and available explanation.

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Depreciation questions and exercises with answers

Showing questions 1–2 of 2.

Match each depreciation termRead the answer and worked solution →Key in the depreciationRead the answer and worked solution →

Worked practice questions

Match each depreciation term

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Matching pairs

Left
Depreciation
Right
Spreading an asset's cost over its life
Left
Useful life
Right
How long the asset is expected to serve
Left
Residual value
Right
What the asset is worth at the very end

Instructions

Tap a term on the left, then tap what it means.

_Source: ICAI CA Foundation Accounting Ch5 Depreciation, CHAPTER 5 DEPRECIATION AND AMORTISATION_

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Key in the depreciation

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Questions

Answer
10000
Question
Cost 100000, residual 10000, life 9 years. What is the yearly straight line depreciation?
Answer
45000
Question
Cost 50000 and residual 5000. What is the depreciable amount?
Answer
2000
Question
Cost 20000 at 10 per cent written down value. What is the first year's depreciation?
Answer
1800
Question
Continuing that asset, what is the second year's depreciation?

Instructions

Work out each answer and key it in on the pad.

_Source: ICAI CA Foundation Accounting Ch5 Depreciation, CHAPTER 5 DEPRECIATION AND AMORTISATION_

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How to practise

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