The cost of a machine is Rs. 20,000 and its estimated useful life is 10 years. The scrap value of the machine, when its value depriciates at 10% p.a, is:
use (0.9)10 = 0.35
1
Rs. 9672
2
Rs. 7000
3
Rs. 6982
4
Rs. 3500
The cost of a machine is Rs. 20,000 and its estimated useful life is 10 years. The scrap value of the machine, when its value depriciates at 10% p.a, is:
use (0.9)10 = 0.35