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