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Formula Sheet

Depreciation — Formula Sheet

ICSE · Class 11 · Accountancy

3 formulas from Depreciation (ICSE Class 11 Accountancy) on one page, grouped by topic. Part of the ICSE Class 11 Accountancy syllabus.

63 questions40 flashcards3 formulas & key relations5 concepts

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3 Entries · 1 Section

Formulas and Key Relations

Factors Affecting Depreciation

Yearly depreciation = (Cost of asset - Scrap value) / Estimated working life of the asset

Rate of Depreciation = (Amount of Depreciation / Total cost of assets) × 100

Yearly depreciation = Original cost of asset × (Rate of Depreciation/100)

Full sheet with units and worked examples

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Frequently Asked Questions

What are the important topics in Depreciation for ICSE Class 11 Accountancy?
Key topics in Depreciation include Meaning, Nature, and Characteristics of Depreciation, Causes of Depreciation, Need or Objectives of Providing Depreciation, Factors Affecting the Amount of Depreciation. Study these first, then practise questions on each for Class 11 exams.
How many formulas are in Depreciation?
This sheet lists 3 formulas from Depreciation, grouped by topic. Learn what each symbol stands for so you can apply the formula, not just recall it.
How should I revise Depreciation for Class 11 exams?
Learn the core ideas first, then work through the 63 practice questions on Depreciation. Revise definitions regularly and use flashcards for quick recall before the exam.

Sources & Official References

Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.

More resources for Depreciation

All ICSE Class 11 Accountancy Formula Sheet

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