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Commerce · Q1206

Accounting

Graduate and Post Graduate · Commerce · question 1206

Q1206

On using reducing balance method on an asset of Rs. 20,000 at the rate of 10% per annum, depreciation for third year will be:

A.
Rs. 6,000
B.
Rs. 1,800
C.
Rs. 1,620
Answer
D.
Rs. 2,000

Answer: Option C

Solution

Answer: Option C
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