Question

A company purchased a machine on
01-04-2000 at a cost of Rs 310000,
estimated residual value Rs 10000
with a useful life of 15 years.
Depreciation is charged under
straight line method till 31 March
2010. After 10 years, an expert
recommended that the asset to be
used for 10 more years. What is the
depreciation for the year 2010-11
under straight line method assuming
residual value to remain same?
O 20000
O
10000
O 110000
O
130000​

Answer 1

Answer:

50500

Explanation:

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