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A newspaper printing machine costs ₹ 4,80,000 and estimated scrap value of ₹ 25,000 at the end of its useful life of 10 years.
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Sep 20, 2022
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A newspaper printing machine costs ₹ 4,80,000 and estimated scrap value of ₹ 25,000 at the end of its useful life of 10 years. What is its annual depreciation as per linear method?
(a) ₹ 4,550
(b) ₹ 45,500
(c) ₹ 50,500
(d) ₹ 61,500
class-12
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Sep 20, 2022
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Haren
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Best answer
Correct option is
(b) ₹ 45,500
D = C−S/n = 480000−25000 /10 = 45500
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