McqMate
Q. |
An office equipment is purchased on 1.1.12 for `1,10,000 having working life of 4 years at the end of which it is expected to have a scrap value of `10,000. Find the difference in depreciation as per Sum of years digit methods and reducing balance method (25% WDV) for the year ending on 31st December 12 |
A. | 25,000 ; |
B. | 40,000 ; |
C. | 15,000 ; |
D. | 10,000 |
Answer» C. 15,000 ; |
View all MCQs in
Financial AccountingNo comments yet