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A machine was purchased for Rs. 50,000. Installation expenses amounted to Rs. 2,000 wages of Rs. 4,000 were paid on installation. The scrap value at the end of its useful life of 10 years is Rs. 6,000.Repairs of Rs. 6,000 was made after 6 moths from the date of purchase. Calculate depreciationa) Rs. 5,600 b) Rs. 4,800 c) Rs. 5,000 d) None Correct 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 A machine was purchased for Rs. 50,000. Installation expenses amounted to Rs. 2,000 wages of Rs. 4,000 were paid on installation. The scrap value at the end of its useful life of 10 years is Rs. 6,000.Repairs of Rs. 6,000 was made after 6 moths from the date of purchase. Calculate depreciationa) Rs. 5,600 b) Rs. 4,800 c) Rs. 5,000 d) None Correct 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 A machine was purchased for Rs. 50,000. Installation expenses amounted to Rs. 2,000 wages of Rs. 4,000 were paid on installation. The scrap value at the end of its useful life of 10 years is Rs. 6,000.Repairs of Rs. 6,000 was made after 6 moths from the date of purchase. Calculate depreciationa) Rs. 5,600 b) Rs. 4,800 c) Rs. 5,000 d) None Correct answer is option 'C'. Can you explain this answer?.

Solutions for A machine was purchased for Rs. 50,000. Installation expenses amounted to Rs. 2,000 wages of Rs. 4,000 were paid on installation. The scrap value at the end of its useful life of 10 years is Rs. 6,000.Repairs of Rs. 6,000 was made after 6 moths from the date of purchase. Calculate depreciationa) Rs. 5,600 b) Rs. 4,800 c) Rs. 5,000 d) None Correct 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 A machine was purchased for Rs. 50,000. Installation expenses amounted to Rs. 2,000 wages of Rs. 4,000 were paid on installation. The scrap value at the end of its useful life of 10 years is Rs. 6,000.Repairs of Rs. 6,000 was made after 6 moths from the date of purchase. Calculate depreciationa) Rs. 5,600 b) Rs. 4,800 c) Rs. 5,000 d) None Correct answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of A machine was purchased for Rs. 50,000. Installation expenses amounted to Rs. 2,000 wages of Rs. 4,000 were paid on installation. The scrap value at the end of its useful life of 10 years is Rs. 6,000.Repairs of Rs. 6,000 was made after 6 moths from the date of purchase. Calculate depreciationa) Rs. 5,600 b) Rs. 4,800 c) Rs. 5,000 d) None Correct answer is option 'C'. Can you explain this answer?, a detailed solution for A machine was purchased for Rs. 50,000. Installation expenses amounted to Rs. 2,000 wages of Rs. 4,000 were paid on installation. The scrap value at the end of its useful life of 10 years is Rs. 6,000.Repairs of Rs. 6,000 was made after 6 moths from the date of purchase. Calculate depreciationa) Rs. 5,600 b) Rs. 4,800 c) Rs. 5,000 d) None Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of A machine was purchased for Rs. 50,000. Installation expenses amounted to Rs. 2,000 wages of Rs. 4,000 were paid on installation. The scrap value at the end of its useful life of 10 years is Rs. 6,000.Repairs of Rs. 6,000 was made after 6 moths from the date of purchase. Calculate depreciationa) Rs. 5,600 b) Rs. 4,800 c) Rs. 5,000 d) None Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice A machine was purchased for Rs. 50,000. Installation expenses amounted to Rs. 2,000 wages of Rs. 4,000 were paid on installation. The scrap value at the end of its useful life of 10 years is Rs. 6,000.Repairs of Rs. 6,000 was made after 6 moths from the date of purchase. Calculate depreciationa) Rs. 5,600 b) Rs. 4,800 c) Rs. 5,000 d) None Correct answer is option 'C'. Can you explain this answer? tests, examples and also practice CA Foundation tests.