Question Description
On October 1, 2001 two machines costing Rs.20,000 and Rs.15,000 respectively, were purchased.On March 31, 2005, both the machines had to be discarded because of damage and had to be replaced by two machines costing Rs.25,000 and Rs.20,000 respectively.One of the discarded machine was sold for Rs.10,000 and against the other it was expected that Rs.5,000 would be realized. The firm provides depreciation @15% on written down valueQ.Depreciation for the 2003-04 year =a)2,625b)4,856c)4,128d)3,509Correct answer is option 'C'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about On October 1, 2001 two machines costing Rs.20,000 and Rs.15,000 respectively, were purchased.On March 31, 2005, both the machines had to be discarded because of damage and had to be replaced by two machines costing Rs.25,000 and Rs.20,000 respectively.One of the discarded machine was sold for Rs.10,000 and against the other it was expected that Rs.5,000 would be realized. The firm provides depreciation @15% on written down valueQ.Depreciation for the 2003-04 year =a)2,625b)4,856c)4,128d)3,509Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for On October 1, 2001 two machines costing Rs.20,000 and Rs.15,000 respectively, were purchased.On March 31, 2005, both the machines had to be discarded because of damage and had to be replaced by two machines costing Rs.25,000 and Rs.20,000 respectively.One of the discarded machine was sold for Rs.10,000 and against the other it was expected that Rs.5,000 would be realized. The firm provides depreciation @15% on written down valueQ.Depreciation for the 2003-04 year =a)2,625b)4,856c)4,128d)3,509Correct answer is option 'C'. Can you explain this answer?.

Solutions for On October 1, 2001 two machines costing Rs.20,000 and Rs.15,000 respectively, were purchased.On March 31, 2005, both the machines had to be discarded because of damage and had to be replaced by two machines costing Rs.25,000 and Rs.20,000 respectively.One of the discarded machine was sold for Rs.10,000 and against the other it was expected that Rs.5,000 would be realized. The firm provides depreciation @15% on written down valueQ.Depreciation for the 2003-04 year =a)2,625b)4,856c)4,128d)3,509Correct answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation. Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.

Here you can find the meaning of On October 1, 2001 two machines costing Rs.20,000 and Rs.15,000 respectively, were purchased.On March 31, 2005, both the machines had to be discarded because of damage and had to be replaced by two machines costing Rs.25,000 and Rs.20,000 respectively.One of the discarded machine was sold for Rs.10,000 and against the other it was expected that Rs.5,000 would be realized. The firm provides depreciation @15% on written down valueQ.Depreciation for the 2003-04 year =a)2,625b)4,856c)4,128d)3,509Correct answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of On October 1, 2001 two machines costing Rs.20,000 and Rs.15,000 respectively, were purchased.On March 31, 2005, both the machines had to be discarded because of damage and had to be replaced by two machines costing Rs.25,000 and Rs.20,000 respectively.One of the discarded machine was sold for Rs.10,000 and against the other it was expected that Rs.5,000 would be realized. The firm provides depreciation @15% on written down valueQ.Depreciation for the 2003-04 year =a)2,625b)4,856c)4,128d)3,509Correct answer is option 'C'. Can you explain this answer?, a detailed solution for On October 1, 2001 two machines costing Rs.20,000 and Rs.15,000 respectively, were purchased.On March 31, 2005, both the machines had to be discarded because of damage and had to be replaced by two machines costing Rs.25,000 and Rs.20,000 respectively.One of the discarded machine was sold for Rs.10,000 and against the other it was expected that Rs.5,000 would be realized. The firm provides depreciation @15% on written down valueQ.Depreciation for the 2003-04 year =a)2,625b)4,856c)4,128d)3,509Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of On October 1, 2001 two machines costing Rs.20,000 and Rs.15,000 respectively, were purchased.On March 31, 2005, both the machines had to be discarded because of damage and had to be replaced by two machines costing Rs.25,000 and Rs.20,000 respectively.One of the discarded machine was sold for Rs.10,000 and against the other it was expected that Rs.5,000 would be realized. The firm provides depreciation @15% on written down valueQ.Depreciation for the 2003-04 year =a)2,625b)4,856c)4,128d)3,509Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice On October 1, 2001 two machines costing Rs.20,000 and Rs.15,000 respectively, were purchased.On March 31, 2005, both the machines had to be discarded because of damage and had to be replaced by two machines costing Rs.25,000 and Rs.20,000 respectively.One of the discarded machine was sold for Rs.10,000 and against the other it was expected that Rs.5,000 would be realized. The firm provides depreciation @15% on written down valueQ.Depreciation for the 2003-04 year =a)2,625b)4,856c)4,128d)3,509Correct answer is option 'C'. Can you explain this answer? tests, examples and also practice CA Foundation tests.