Quote:
Originally Posted by Zubair Gilgiti
paper -1 (10) In straight line method of depreciation, the written down value of a fixed asset will be at the end of the life of the asset as under:
(a) Rupee one
(b) Rupee zero (c) None of these.
Answer is "C"
Reason: Depreciable amount is divide by useful life. Depreciable amount means the amount which is to be depreciated and is calculated as cost less residual value.
|
Please suggest book for audiying
Sent from my SM-G355H using Tapatalk