Question

16. On 15 July 2018, a firm purchased a machinery for 4,00,000. On 1st
October in the same year additional machinery was purchased for
31,00,000. Depreciation is provided each year on 31 December @ 10%
p.a on written down value of the asset. The amount of depreciation in the
second year will be:
a. 45,000 b. 47,750 c. 47,000 d. 45,750

Answer 1

Answer:

16. On 15 July 2018, a firm purchased a machinery for 4,00,000. On 1st

October in the same year additional machinery was purchased for

31,00,000. Depreciation is provided each year on 31 December @ 10%

p.a on written down value of the asset. The amount of depreciation in the

second year will be:

a. 45,000 b. 47,750 c. 47,000 d. 45,750

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