Original Cost of an asset is Rs.3,50,000; its salvage value is Rs 25,000; useful life 5 years.
Annual Depreciation under Straight Line Method :
a) Rs 35,000 b) Rs85,000 c) Rs.65000 d) Rs.17,500
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Answer:
c)65000
Explanation:
350000-25000=325000
325000÷5= 65000
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