Question

Illustration 2.
A firm bought a machinery for 3 7,40,000 on 1st April, 2018 and * 60,000 is spent on
its installation. Its useful life is estimated to be of 5 years. Its estimated realisables
scrap value at the end of the period was estimated at 2 40,000. Find out the amoun
of annual Depreciation and rate of Depreciation.....

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Answer 1

Explanation:

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Answer 2

Answer:

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