Question
A non-current asset cost Rs 120,000 and is depreciated at 20% using the reducing balance method. After 3 years the net book value (WDV) is:
Answer: Option D
:
D
Year
Value
Depreciation
WDV
1
120000
24000
96000
2
96000
19200
76800
3
76800
15360
61440
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:
D
Year
Value
Depreciation
WDV
1
120000
24000
96000
2
96000
19200
76800
3
76800
15360
61440
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