alleryA machine costing ₹1,00,000 with ₹10,000 salvage and 9-year life: annual depreciation under the straight-line method is
A₹11,111
B₹12,000
C₹9,000
D₹10,000
Answer & Solution
Correct answer: D. ₹10,000
SLM depreciation = (Cost − Salvage)/Life = (1,00,000 − 10,000)/9 = ₹10,000 per year.
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