a company purchased a machine for 12L, added 3L as other cost and booked 15L as gross block. salvage value is 5%.
1. on what value will depreciable amount be calculated, i.e. 12L or 15L.
2. salvage value is calculated on which cost i.e. 12L or 15L
a company purchased a machine for 12L, added 3L as other cost and booked 15L as gross block. salvage value is 5%.
1. on what value will depreciable amount be calculated, i.e. 12L or 15L.
2. salvage value is calculated on which cost i.e. 12L or 15L
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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CAclubindia
