Accountancy, asked by ammaraliazmi, 4 months ago

The Orginal cost of Machinery Rs. 5,20,000; What will be the amount of depreciation for second year according to Diminishing Balance method @ 10 % p.a.

Answers

Answered by singhjitendra2632

1

Answer:

the diminishing balance is 421200

520000*10/100 = 52000

520000-52000 = 468000

468000*10/100 = 46800

468000-46800 = 421200

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