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A company purchased a second hand plant was put to use on 1-1-90. After having used it for six years,it was sold for RS.15,000 . Your are required to prepare the plant A/C for 6 years, providing depreciation at 10% on original cost. |
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Answer» depreciation= 10 per cent 6 years use sp+ depreciation rs 15000+ 10 per cent 15000 rs 16500
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