xyz ltd has a revenue of Rs.8,00,000 and it has provided for depreciation at 10%
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The amount is credited to the side of provision and thus it begins to maintain account shows total value. This is supposing to arrange with total costs Rs.80000 and to be written of every year for 8%. The price is determined by discarded before the expiry of its life and amount can be realized and depreciation has been written off at the rate of 10% on the original cost.
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