A machine is bought for Rs 10,000 and Rs 10 and the projected life is 10 years. Savings Value at the end of 10 years 1,50,000 / – The book value of the machine at the end of 5 years using the normal straight line method of evaluation of devaluation
A. Rs. 4,75,000 / –
B. Rs. 5,75,000 / –
C. Rs. 6,50,000 / –
D. Rs. 8,50,000 / –
Answer:B
A machine is bought for Rs 10,000 and Rs 10 and the projected life is 10 years. Savings Value at the end of 10 years 1,50,000 / – The book value of the machine at the end of 5 years using the normal straight line method of evaluation of devaluation
A. Rs. 4,75,000 / – B. Rs. 5,75,000 / – C. Rs. 6,50,000 / – D. Rs. 8,50,000 / –