An asset cost Rs. 3,30,000/- has residual value of Rs. 30,000/-, and is expected to last 4 years. Ca

An asset cost Rs. 3,30,000/- has residual value of Rs. 30,000/-, and is expected to last 4 years. Calculate the depreciation for 3rd year using Straight-line Method. a. Rs. 80,250/- b. Rs. 75,000/- c. Rs. 90,000/- d. Rs. 72,250/-

 

Depreciation for 3rd year is only Rs. 75000. Depreciation for 1st 3 years combined is Rs. 225000/-. Go through the question carefully.

 

Depreciation for 3rd year is only Rs. 75000. Depreciation for 1st 3 years combined is Rs. 225000/-. Go through the question carefully.

 

Depreciation for 3rd year is only Rs. 75000. Depreciation for 1st 3 years combined is Rs. 225000/-. Go through the question carefully.