MCQOPTIONS
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| 1. |
A firm has a policy of changing depreciation on Plant and Machinery @ 10% under WDV Method. If the book value of Plant and Machinery was ` 81,000 on 31.03.2013. Find the original cost of the plant if the same was purchased on 01.04.2011 |
| A. | 80,000 ; |
| B. | 1,00,000 ; |
| C. | 81,000 ; |
| D. | 1,20,000 |
| Answer» C. 81,000 ; | |