Calculation depreciation as per regulation 2009(i) Date of commercial operation (1.8.18)(ii) Approved capital cost ₹7,40,000(iii) Capital cost incurred till 1.8.18 ₹500,000(iv) Additional capital cost incurred18 – 19 = 1,80,00019 – 20 = 2,00,00020 – 21 = 1,00,000(v) Cost of freehold land included in total capital cost incurred till 1.8.18: ₹ 2,00,000(vi) Average weighted rate of depreciation:18 – 19 = 5.8%19 – 20 = 5.9%20 – 21 = 6.1%

Calculate the Net National Product at market price : [3]( ₹ in Crores)(i) Mixed income of self-employed 8,000(ii) Depreciation 200(iii) Profit 1,000(iv) Rent 600(v) Interest 700(vi) Compensation of employees 3,000(vii) Net indirect taxes 500(viii) Net factor income to abroad 60(ix) Net exports (-) 50

Discuss the different methods of calculating depreciation

On 1 January 20.1 SA Traders purchased computer equipment for R60 000. The financial year-end of SA Traders is 31 December.Calculate the accumulated depreciation for 20.3 by using the reducing-balance method at 10% per annum.Instructions for numeric response:1. Use a full stop to indicate any decimals (eg: 1000.01)2. Round off to the second decimal after the full stop (eg: 50.56)3. Only show the amount, do not show the "R" (eg: 1000.01)Answer:

Prepare trading Account profit and loss and profit and losss Approprition Account for the year ended 31 st March , 2019 and Balance sheet as at that date after accounting the following adjustments :(i ) stock as at 31 st March , 2019 was Rs. 50.000,(ii) Rent is Rs. 10.000 per month ,(iii) Depreciate Furniture and fixtures and Computers @ 20 % p.a ,Machinery @ 10% p.a and(iv) interest on capitals is allowed @ 6% p.a .

22. Calculate from the data given below: [6](a) Net Domestic Product at factor cost by the production method.(b) Net National Product at factor cost by the expenditure method.( ₹ in crore)(i) Purchase of raw materials and services from other firms 250(ii) Value of output 770(iii) Indirect taxes 75(iv) Subsidies 15(v) Consumption of fixed capital 10(vi) Net factor income from abroad (-) 5(vii) Opening stock 15(vi) Closing stock 5(vii) Gross domestic capital formation 40(viii) Private final consumption expenditure 455(ix) Government final consumption 25(x) Net exports 10Q 23. Calculate (a) Gross domestic product at market price, and (b) Factor income from abroad from thefollowing data: [6]( ₹ in crores)(i Profits 500