CA CPT June 2018 Question Paper Fundamentals of Accounting for online practice
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Question : 26 of 53
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An asset was purchased for Rs. 1,60,000, It will be depreciated on straight line basis over a period of 8 years. At the end of the 4th year the machine was undervalued by Rs. 20,000 and in the next year the machine is valued at Rs. 65,000, Then the amount to be credited to Revaluation Reserve will be Rs._______
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