Accountancy, asked by kbrahmleen2905, 6 days ago

10. Consider the following information: i) Rate of depreciation under Reducing Balance Method = 20% pa. ii) Original cost of the asset = { 1,00,000. üi) Residual value of the asset at the end of useful life = 2 40.960. Depreciation for the 4th year will be: a) ? 20.000 b) 16,000 c) 12.800 d) 10,240​

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Answered by dubkk
0

Explanation:

information: i) Rate of depreciation under Reducing Balance Method = 20% pa. ii) Original cost of the asset = { 1,00,000. üi) Residual value of the asset at the end of useful life = 2 40.960. Depreciation for the 4th year will be: a) ? 20.000 b) 16,000 c) 12.800 d) 10,240

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