alleryStart learning →Machine cost Rs 1,20,000, expected sale Rs 15,000, disposal cost Rs 5,000. Residual value?
ARs 15,000
BRs 20,000
CRs 5,000
DRs 10,000
Answer & Solution
Correct answer: D. Rs 10,000
Residual value is the expected sale amount of 15,000 less 5,000 of disposal cost, which is 10,000.
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