Q63
A machine is purchased for Rs. 10,000,00 and has an estimated life of 10 years. The salvage value at the end of 10 years is Rs. 1,50,000. The book value of the machine at the end of 5 years using general straight line method of evaluation of depreciation is
A.
Rs. 4,75,000
B.
Rs. 5,75,000
AnswerC.
Rs. 6,50,000
D.
Rs. 8,50,000
Answer: Option B
Solution
Answer: Option B
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