Start learning →

Carrying Rs 6,00,000, nil residual, 4 years left. Annual SLM depreciation?

ARs 1,00,000
BRs 2,00,000
CRs 1,20,000
DRs 1,50,000
Answer & Solution
Correct answer: D. Rs 1,50,000
The revised carrying amount is spread over the remaining life: 6,00,000 divided by 4 equals 1,50,000 a year.
Practise this question with Quill — CA Inter →

Keep practising AS 28 Impairment of Assets

Browse all AS 28 Impairment of Assets questions for CA Inter, or explore more Accounting topics.

Start a AS 28 Impairment of Assets lesson →
Related questions