Question
A machine with a cost of Rs 100000 & accumulated depreciation of Rs 80,000 & was sold at a loss of Rs 6000. Bank account shall have been debited by ___
Answer: Option B
:
B
Book value = Rs 20,000
Loss = Rs 6000
Amount received = Rs 20000 - 6000 = Rs 14000
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:
B
Book value = Rs 20,000
Loss = Rs 6000
Amount received = Rs 20000 - 6000 = Rs 14000
Was this answer helpful ?
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