A Machine costing ₹2,00,000 and having a scrap value of ₹20,000 after 10 years is sent to the site annual depreciation=Rs
a)₹20,000
b)₹18,000
c)₹9,000
d)₹10,000
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Answer:
Correct option is b 18000
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Explanation:
Machine costing ₹2,00,000
scrap value of ₹20,000
useful life if assets = 10 years
Annual depreciation (Rs) = ??
Annual depreciation = machine cost - Scrap value / useful life if machine
=
=
= 18,000
Annual Depreciation= Rs 18,000
Hence, option b). ₹18,000
Annual Depreciation= Rs 18,000
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