Teaching BPSC 4.0 बिहार उच्च माध्यमिक शिक्षक भर्ती (PGT) Mock Test Accountancy Depreciation, Reserve & Provision
The following balances are extracted at the end of the accounting period from the books of Radhey Shyam as follows:
Plant & Machinery Rs. 2,00,000
Furniture Rs. 50,000
Building Rs. 5,00,000
Depreciation is to be charged:
20% on plant & machinery, 10% on furniture and 5% on Building. Calculate the amount of depreciation to be charged in the Profit and Loss account.
1
Rs. 45,000
2
Rs. 7,000
3
Rs. 70,000
4
More than one of the above
5
None of the above