Teaching AWES PGT Previous Year Paper Mock Test Series Accountancy Depreciation, Reserve & Provision
Given: Machinery cost Rs. 30,000. Scrap value Rs. 10,000. Life 5 years. Rate of interest 5%. Reference to sinking fund table 0.180975.The depreciation per year will be
1
Rs. 4,000
2
Rs. 3619.50
3
Rs. 8,000
4
Rs. 5429.25