MCQOPTIONS
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| 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 | |