Question

A machine is purchased for Rs.2,00,000. The residual value at

the end of its expected useful life of 4 years is estimated at Rs.

1,40,000. The amount of depreciation for the first year ending

on 31st March 2020, if this machine is purchased on 1st

October 2019 is Rs._____.​

Answer 1

Answer:

purchased 5 machines for Rs 60,000 each. On 1st April, 2017, one of the machine was sold at a loss of Rs 8,000. On 1st July, 2018, second machine was sold at a loss of Rs 12,500.

Explanation:

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