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Commerce · Q1210

Accounting

Graduate and Post Graduate · Commerce · question 1210

Q1210

Cost of Asset = Rs. 21,000 Scrap value = Rs. 1,000 Depreciation rate = 10% p.a. What will be the depreciation for the second year if depreciation is charged by straight line method?

A.
Rs. 2,100
B.
Rs. 2,000
Answer
C.
Rs. 2,200
D.
Rs. 2,400

Answer: Option B

Solution

Answer: Option B
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