Question:

An asset is purchased at a cost of Rs. 5000. It has no salvage value at the end of its life of 10 years. Its book value at the end of 5 years using the straight-line method will be:

Updated On: Dec 28, 2024
  • Rs. 25,000
  • Rs. 20,000
  • Rs. 16,384
  • none
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The Correct Option is D

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