Question:
At present, the cost of a new office equipment is 50,000 (in Indian Rupees). It has 15% salvage value after a useful life of 5 years. Using straight line method of depreciation, the book value of the equipment 3 years from now, in Indian Rupees, will be ______ (in integer).
At present, the cost of a new office equipment is 50,000 (in Indian Rupees). It has 15% salvage value after a useful life of 5 years. Using straight line method of depreciation, the book value of the equipment 3 years from now, in Indian Rupees, will be ______ (in integer).
Updated On: Jul 9, 2024
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Correct Answer: 24500
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The correct answer is : 24500
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