Answered step by step
Verified Expert Solution
Question
1 Approved Answer
4. ABC Auto clean private limited purchased a new machine and relevant information would be, Purchase by R$ 2,500,000 Import duties Rs 100,000 Installation charges
4. ABC Auto clean private limited purchased a new machine and relevant information would be, Purchase by R$ 2,500,000 Import duties Rs 100,000 Installation charges Rs 200,000 Cost of a test run Rs 100,000 Machine operators training cost Rs 150,000 Estimated scrap value at the end of 5th year is Rs.500,000. Estimated useful lifetime is 5 years. The annual deprecation charge is: 1. 11 Rs 510,000 Rs 480,000 Rs 500,000 Rs 590,000 III IV
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started