What will be the Book value of asset if its Original cost is Rs-14644
What will be the Book value of asset if its Original cost is Rs. 100,000; Accumulated depreciation is Rs. 40,000; and Depreciation for the year is Rs.20,000?
This multiple choice question (MCQ) is related to the book/course vu mgt401 Financial Accounting II. It can also be found in vu mgt401 Final Term - Quiz No.6.
What will be the Book value of asset if its Original cost is Rs. 100,000; Accumulated depreciation is Rs. 40,000; and Depreciation for the year is Rs.20,000?
Rs. 140,000
Rs. 160,000
Rs. 80,000
Rs. 60,000