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Ayush Nohwar

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· 1 Months ago

please provide a detailed solution

Question:

On 1.1.2011, a machine costing Rs.10,000 and a piece of furniture costing Rs.20,000 was purchased. Depreciation is provided @ 5% on furniture and 10% per annum on machine. The depreciation for the year ended 31st March, 2011 should be:

Options:
A)

Rs.1,000 

B)

Rs.300

C)

Rs.1,250 

D)

Rs.500

Solution:

Ans: (d)

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