Cost of an asset is Rs. 20,00,000 Scrap value is Rs. 2,00,000 Estimated production is 90,000 units Expected life is 10 years___________ Years Production (units) 1-2 15,000 3-5 10,000 6-10 6,000 Calculate Annual Depreciation for 3-5 years

Correct Answer is : Rs. 2,00,000

CA CPT June 2018 Question Paper Fundamentals of Accounting for online practice

Question : 24 of 53

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Cost of an asset is Rs. 20,00,000
Scrap value is Rs. 2,00,000
Estimated production is 90,000 units
Expected life is 10 years___________

Calculate Annual Depreciation for 3-5 years

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