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Machinery Purchased on 1 Oct,2016 for 40,000

Question 26

Multiple Choice

Machinery purchased on 1 Oct,2016 for 40,000.This machinery was sold on Dec 2017.Calculate the total depreciation charged on machinery till date if co charges 10% as per WDV method if accounts are closed on 31st March every year.


A) 6700
B) 8000
C) 5000
D) 4850

Correct Answer:

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