A machine has been purchased for Rs.100,000 and its useful life is es

1.

A machine has been purchased for Rs.100,000 and its useful life is estimated to be 10 years. Its scrap value at the end of 10 years is estimated as Rs.20,000. If the depreciation is determined using the declining balance method, the value of depreciation (in Rs.) during the first year is _______

A. 14800 to 15000

B. 15800 to 16000

C. 16800 to 17000

D. 17800 to 18000

Answer» B. 15800 to 16000

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A machine has been purchased for Rs.100,000 and its useful life is estimated to be 10 years. Its scrap value at the end of 10 years is estimated as Rs.20,000. If the depreciation is determined using the declining balance method, the value of depreciation (in Rs.) during the first year is _______

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1.	A machine has been purchased for Rs.100,000 and its useful life is estimated to be 10 years. Its scrap value at the end of 10 years is estimated as Rs.20,000. If the depreciation is determined using the declining balance method, the value of depreciation (in Rs.) during the first year is _______
A.	14800 to 15000
B.	15800 to 16000
C.	16800 to 17000
D.	17800 to 18000
Answer» B. 15800 to 16000