MCQOPTIONS
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| 1. |
If the rate of depreciationnunder W.D.V. method is 15%p.a., thenoriginal cost of the machine is Rs. 10,00,000,nScrap value at the end of its useful life is Rs.n2,00,000, then the depreciation forthe firstnyear will be |
| A. | Rs.1,50,000 |
| B. | Rs. 1,20,000 |
| C. | Rs.1,00,000 |
| D. | Rs.80,000 |
| Answer» B. Rs. 1,20,000 | |