X purchased a new office equipment for Rs. 50,000 on 1-04-09 he incurred Rs. 6,000 on...
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X purchased a new office equipment for Rs. 50,000 on 1-04-09 he incurred Rs. 6,000 on its transportation and Rs. 4,000 on its erection and installation. The estimated useful life of the equipment is 10 years at the expiry of which the scrap value of the equipment will be Rs. 5,000. What is the depreciable value of the office equipment? X purchased a new office equipment for Rs. 50,000 on 1-04-09 he incurred Rs. 6,000 on its transportation and Rs. 4,000 on its erection and installation. The estimated useful life of the equipment is 10 years at the expiry of which the scrap value of the equipment will be Rs. 5,000. What is the depreciable value of the office equipment?
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Depreciable value of the office equipment is equal 55000 X purchase a new offic... View the full answer
Related Book For
Elementary Statistics Picturing the World
ISBN: 978-0321911216
6th edition
Authors: Ron Larson, Betsy Farber
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