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    Financial Accounting
  4. Exam
    Exam 44: Depreciation and Reserves: Understanding the Accounting Concepts
  5. Question
    Annual Depreciation of Machine Is 40000, Cost of Machine Is
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Annual Depreciation of Machine Is 40000, Cost of Machine Is

Question 17

Question 17

Multiple Choice

Annual depreciation of machine is 40000, cost of machine is 500000, rate of depreciation according to straight-line method will be


A) 9%
B) 18%
C) 16%
D) 8%

Correct Answer:

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