Question

An asset is purchased at a cost of Rs. 5000. It has no salvage value at the end of its life of 10 years. Its book value at the end of 5 years using the straight-line method will be:

• A. Rs. 25,000
• B. Rs. 20,000
• C. Rs. 16,384
• D. none

Answer 1

The Correct Option is D

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