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Machinery Rate is 12000/- and residual value is 2000/- and
life span is 10yrs.Calculate the dep in Straight line
method.
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Answer Posted / bhasker
cost of machinery = 12000
estimated life of the machinery is 10 years
residual value = 2000
for: depriciation = cost of machinery - salvage
value/estimated life of the machinery
12000 - 2000/10 = 1000
| Is This Answer Correct ? | 45 Yes | 3 No |
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