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
1
Answer:
the diminishing balance is 421200
520000*10/100 = 52000
520000-52000 = 468000
468000*10/100 = 46800
468000-46800 = 421200
Similar questions