MCQOPTIONS
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| 1. |
An office equipment is purchased on 1.1.12 for `1,10,000 having working life of 4 years at the end of which it is expected to have a scrap value of `10,000. Find the difference in depreciation as per Sum of years digit methods and reducing balance method (25% WDV) for the year ending on 31st December 12 |
| A. | 25,000 ; |
| B. | 40,000 ; |
| C. | 15,000 ; |
| D. | 10,000 |
| Answer» D. 10,000 | |