MCQOPTIONS
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| 1. |
In the straight line method, the expression for depreciation of a machine having purchasing cost C, scrap value S and useful life of the machinery n, is _____. |
| A. | (C + S)/n |
| B. | (C - S)/n |
| C. | [1 – (C/S)] × n |
| D. | [1 + (C/S)] × n |
| Answer» C. [1 – (C/S)] × n | |