Accounting and Auditing Cost and Management Accounting

The cost of a machine is Rs.70,000. Its life span is 10 years after which its expected recovery value is Rs.5,000. The depreciation for the first four years based on straight line basis will be:

1

Rs. 28,000

2

Rs. 26,000

3

Rs. 22,000

4

Rs. 20,000

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