1.

Given :Depreciation on the basis of Fixed Instalment Method Rs. 2,000 p.a.Establishment expenses Rs. 5,000Scrap value Rs. 1,000Span of life 10 yearsThe cost of assets will be—

A. Rs. 20,000
B. Rs. 16,000
C. Rs. 12,000
D. None of these
Answer» B. Rs. 16,000


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