A depreciation schedule of an asset is given. Based on the information gives below, find the values of X, Y and Z.
| Year | Annual Department (₹) | Accumulated Depreciation (₹) | Book value (₹) |
| 0 | 0 | 0 | Z |
| 1 | 6500 | 6500 | 25500 |
| 2 | 6500 | 13000 | 19000 |
| 3 | X | 19500 | 12500 |
| 4 | 6500 | Y | 6000 |
Answer & explanation
Correct answer: option 1
The correct answer is option (1) → $X=6500, Y=26,000, Z= 32000$
Initial Book value, Z
from year 1:
$Z-6,500=25,000$
$Z=32,000$
Annual Depreciate in year 3,
⇒ Depreciation rate remain constant every year.
$X=6,500$
$Y$, Accumulated depreciation in 4 year = $19,500 + 6,500 = 26,000$