Question

A
machinery
costing
ï5,00,000
is
depreciated
@20%
p.a.
at
straight
line
method.


At
the








end
of
three
years,
the
book
value
of
the
machinery
will
be mark​

Answer 1

Answer:

after 3 years value of machine will be 200000

Explanation:

as per straight line method , the depreciation is same for all year . hence depreciation on machinery of 5,00,000 at 20 % rate is 1,00,000 for one year and 300000 for 3 years

the value of machinery at the end of three years is 200000