Machine cost Rs. 5,500, Life 10 years, Residual Value Rs. 5,000, each
year's depreciation according to Straight Line Method would be
(I) Rs.5,000
(3) Rs. 5,500
(2) Rs. 6,000
(4) Rs.500
Answers
Answered by
3
there is mistake in the question. the residual value will not be more than the cost of an asset. most probably it will be 500 in this qstn. based on that,
Depreciation = (cost - residual value)÷ useful life
=(5500-500)÷10=500
kritika06:
residual value is 5000
then the depreciation will be (5500-5000)÷10=50
it is not in the options
that's what
Answered by
0
Answer:500
Explanation:
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