Accountancy, asked by pavanchowdary1723, 1 year ago

A fixed asset purcgased for 1 lac with expected life of 5 years. Its depreciated value at end of 3 rd year will be

Answers

Answered by priya1357

0

depreciation= price of asset - residual value/. expected life of asset.
100000/5=20000 value at the end of the 3 year

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