Q2529
If on 1st January 1983 a plant is purchased for Rs. 1,20,000, its estimated life is ten years and its salvage value is Rs. 10,000 under which one of the following method would the 1983 depreciation be the largest?
A.
Straight line method
B.
Double-declining balance method
C.
Sum of the year's digits method
AnswerD.
15% on original cost
Answer: Option C
Solution
Answer: Option C
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