Depreciation
Querist : Anonymous
(consisting of one motor car)
on 1/3/12 sold motor car for rs 50,000
on 10/3/12 purchased new car for rs 6,00,000
my question is: what is the amount for depreciation?
Addition 600000
Deletion -50000
Balance 650000
Depreciation @ 7.5% on 650000= 48750.
Querist : Anonymous
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