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A firm purchases a 5 years lease for Rs. 40,000 on 1st January. It decides to write off depreciation on the Annuity method, presuming the rate of interest to be 5% per annum.The annuity for it is 0.230975. The amount of annual depreciation will bea)Rs. 8,000b)Rs. 2,000c)Rs. 9,239d)Rs. 6,000Correct answer is option 'C'. Can you explain this answer? for CA CPT 2024 is part of CA CPT preparation. The Question and answers have been prepared according to the CA CPT exam syllabus. Information about A firm purchases a 5 years lease for Rs. 40,000 on 1st January. It decides to write off depreciation on the Annuity method, presuming the rate of interest to be 5% per annum.The annuity for it is 0.230975. The amount of annual depreciation will bea)Rs. 8,000b)Rs. 2,000c)Rs. 9,239d)Rs. 6,000Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for CA CPT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A firm purchases a 5 years lease for Rs. 40,000 on 1st January. It decides to write off depreciation on the Annuity method, presuming the rate of interest to be 5% per annum.The annuity for it is 0.230975. The amount of annual depreciation will bea)Rs. 8,000b)Rs. 2,000c)Rs. 9,239d)Rs. 6,000Correct answer is option 'C'. Can you explain this answer?.

Solutions for A firm purchases a 5 years lease for Rs. 40,000 on 1st January. It decides to write off depreciation on the Annuity method, presuming the rate of interest to be 5% per annum.The annuity for it is 0.230975. The amount of annual depreciation will bea)Rs. 8,000b)Rs. 2,000c)Rs. 9,239d)Rs. 6,000Correct answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA CPT. Download more important topics, notes, lectures and mock test series for CA CPT Exam by signing up for free.

Here you can find the meaning of A firm purchases a 5 years lease for Rs. 40,000 on 1st January. It decides to write off depreciation on the Annuity method, presuming the rate of interest to be 5% per annum.The annuity for it is 0.230975. The amount of annual depreciation will bea)Rs. 8,000b)Rs. 2,000c)Rs. 9,239d)Rs. 6,000Correct answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of A firm purchases a 5 years lease for Rs. 40,000 on 1st January. It decides to write off depreciation on the Annuity method, presuming the rate of interest to be 5% per annum.The annuity for it is 0.230975. The amount of annual depreciation will bea)Rs. 8,000b)Rs. 2,000c)Rs. 9,239d)Rs. 6,000Correct answer is option 'C'. Can you explain this answer?, a detailed solution for A firm purchases a 5 years lease for Rs. 40,000 on 1st January. It decides to write off depreciation on the Annuity method, presuming the rate of interest to be 5% per annum.The annuity for it is 0.230975. The amount of annual depreciation will bea)Rs. 8,000b)Rs. 2,000c)Rs. 9,239d)Rs. 6,000Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of A firm purchases a 5 years lease for Rs. 40,000 on 1st January. It decides to write off depreciation on the Annuity method, presuming the rate of interest to be 5% per annum.The annuity for it is 0.230975. The amount of annual depreciation will bea)Rs. 8,000b)Rs. 2,000c)Rs. 9,239d)Rs. 6,000Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice A firm purchases a 5 years lease for Rs. 40,000 on 1st January. It decides to write off depreciation on the Annuity method, presuming the rate of interest to be 5% per annum.The annuity for it is 0.230975. The amount of annual depreciation will bea)Rs. 8,000b)Rs. 2,000c)Rs. 9,239d)Rs. 6,000Correct answer is option 'C'. Can you explain this answer? tests, examples and also practice CA CPT tests.