Teaching BPSC 4.0 बिहार उच्च माध्यमिक शिक्षक भर्ती (PGT) Mock Test Accountancy Depreciation, Reserve & Provision
A plant asset with a cost of Rs. 900,000 and accumulated depreciation of Rs. 800,000 is sold for Rs.80,000. What is the amount of the gain or loss on disposal of the plant asset?
1
Rs.20,000 loss
2
Rs.80,000 loss
3
Rs.80,000 gain
4
Rs.20,000 gain
5
None of the above/More than one of the above.