Surya ltd. purchase a machine for 40000 on 1st July depreciation is provided @10% on the diminishing balance method
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Depre. will be 31.3.2016. 3000
next year's 31.3.2017. 3700 { ( 40000-3000)×10÷100}
next year's 31.3.2017. 3700 { ( 40000-3000)×10÷100}
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