If Original cost is Rs 100 000 Depreciation rate is 20 p a using-14680
If Original cost is Rs. 100,000; Depreciation rate is 20% p.a. using straight line method; what will be the value of accumulated depreciation at the end of 2nd year?
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.10.
If Original cost is Rs. 100,000; Depreciation rate is 20% p.a. using straight line method; what will be the value of accumulated depreciation at the end of 2nd year?
Rs.20,000
Rs. 40,000
Rs. 80,000
Rs. 60,000