Brij Ltd purchased a machine on 1.1.2004 for Rs 2,40,000.Installation expenses were Rs20,000 Residual value after is estimated to be Rs5000 On1.1.2004 expenses for repair were increased to the extent of Rs5,000, depreciation provided under straight line method Depreciation rate is 10%.annual depreciation will be
1. Rs20,000 2.Rs26,500 3.Rs26,000 4.Rs23,000
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