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A company purchased a Vehicle for Rs.10,50,000 on April 1st 2016. Scrap Value of the Asset is Rs.500,000 while the asset will benefit the company

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A company purchased a Vehicle for Rs.10,50,000 on April 1st 2016. Scrap Value of the Asset is Rs.500,000 while the asset will benefit the company for 6 years. If Accounts are closed on 30 June, what will be the book value of Vehicle at 30 June 2018, under Straight line Method. *

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