Question
X purchased a new office equipment for Rs. 50,000 on 1-04-09 he incurred Rs. 6,000 on its transportation and Rs. 4,000 on its erection
X purchased a new office equipment for Rs. 50,000 on 1-04-09 he incurred Rs. 6,000 on its transportation and Rs. 4,000 on its erection and installation. The estimated useful life of the equipment is 10 years at the expiry of which the scrap value of the equipment will be Rs. 5,000. What is the depreciable value of the office equipment?
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Elementary Statistics Picturing The World
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