PT AKR company purchased a machine on january 1, 2011 for Rp 3,000,000. At the date...
PT AKR company purchased a machine on january 1, 2011
for Rp 3,000,000. At the date acquisition, the machine had a life
of six years with no residual value. The machine is being
depreciated on a straight line basis. On January 1 2014, AKR
determined that the machine had a useful life of eight years from
date of acqusition with no residual value. What should be the
depreciation for the year 2014?
A. 300,000
B. 500,000
C. 187,500
D. 250,000
Homework Answers
Solution:
Depreciation charged from 2011 to 2013 = 3,000,000 * 3/6 = 1,500,000
Carrying value of machine on 01.01.2014 = 3,000,000 - 1,500,000 = 1,500,000
Remaining useful life of machine = 8-3 = 5 years
Depreciation for the year 2014 = 1,500,000 / 5= 300,000
Hence option A is correct,
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