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Calculate ‘Depreciation on Capital Asset’ from the following dataS.noParticularsAmount (in ₹crores) (i)Capital value of the asset 1,000(ii)Estimated life of the asset 20 years(iii)Scrap Value Nil |
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Answer» Depreciation on capital asset = cost of the capital asset - Scrap Value/Estimated life of the capital asset Depreciation = 1000 - 0/20 Depreciation = Rs. 50 cores |
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