Accountancy, asked by joshipooja176, 3 months ago

. HGF Ltd. bought furniture worth$ 400,000. There has been depreciation at the rate of 20% since 5 years.
What will be the amount of depreciation at the end of year one?

Answers

Answered by sharmaridhima008

0

Answer:

bought furniture=₹400000

rate=20%

time=5yrs

depreciation at the end of the year is:-

20/100*400000

20*4000

₹80000

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