Residual value rs25 000 sale price rs40 000 rate


If, Cost of machine = Rs.400, 000 Useful life = 5 years Residual value = Rs.25, 000 Sale price = Rs.40, 000 Rate ofdepreciation = 40% What will be book value of machine after fouryears using straight line method?

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Accounting Basics: Residual value rs25 000 sale price rs40 000 rate
Reference No:- TGS0596987

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