Accountancy, asked by pravinavarhade7897, 1 month ago

5. A person started transport business with a fleet of 10 taxis. The various expenses incurred by him aregiven below: (i) Cost of each taxi Rs. 6,00,000. (ii) Salary of office staff Rs.12,000 p.m. (iii) Salary of garage staff Rs.16,000 p.m. (iv) Rent of garage Rs.8,000 p.m. (v) Driver’s salary per taxi Rs.12,000 p.m. (vi) Road tax and repairs per taxi Rs.18,000 p.a. (vii) Insurance premium @ 4% of cost p.a. The life of a taxi is 3,00,000 km. and at the end of which it is estimated to be sold at​

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Answered by Anonymous
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Answer:

I don't know sorry for

Explanation:

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