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Brij Ltd. purchased a machine on 1.1.2010 for Rs. 2,40,000. Installation expenses were 3/4/2012 1:28:46 PM
Brij Ltd. purchased a machine on 1.1.2010 for Rs. 2,40,000. Installation expenses were Rs.
20,000. Residual value is estimated to be Rs. 5,000. On 1.1.2010, expenses for repair were
increased to the extent of Rs. 5,000 depreciation is provided under straight line method.
Depreciation rate is 10%. Annual depreciation will be
(a) Rs.20,000
(b) Rs.26,500
(c) Rs.26,000
(d) Rs.23,000
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