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    Financial Accounting
  4. Exam
    Exam 44: Depreciation and Reserves: Understanding the Accounting Concepts
  5. Question
    Value of an Asset Is 9 Lakh, Scrap Value Is
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Value of an Asset Is 9 Lakh, Scrap Value Is

Question 70

Question 70

Multiple Choice

Value of an asset is 9 lakh, scrap value is 125000, estimated life is 10 years the cost of depreciation under straight-line method will be


A) 65000
B) 89000
C) 77500
D) 67880

Correct Answer:

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