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| Q.40 | A machinery costing ₹10 lakhs has a useful life for 5 years. Its scrap value is ₹1 lakh at the end of 5 years. If the straight line method is considered, how much depreciation should be charged in the books of accounts every year, as per AS-6? | |
| Ans | A. ₹1,80,000 | |
| B. ₹9,00,000 | ||
| C. ₹1,00,000 | ||
| D. ₹2,00,000 |
Correct Ans Provided: A
