A machine is purchased for Rs. 10,000,00/- and has an estimated life of 10 years. The salvage value at the end of 10 years is Rs. 1,50,000/-. The book value of the machine at the end of 5 years using general straight line method of evaluation of depreciation is__________________?
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Answer:
A machine is purchased for Rs. 10,000,00/- and has an estimated life of 10 years. The salvage value at the end of 10 years is Rs. 1,50,000/-. The book value of the machine at the end of 5 years using general straight line method of evaluation of depreciation is Rs. 5,75,000/-.
