Bank purchased a computer on 1.03.2015 at a cost Rs. 50000, estimated life is 8

Question

Bank purchased a computer on 1.03.2015 at a cost Rs. 50000, estimated life is 8 years, cost of depreciation under straight-line method will be:

Options:

A . Rs 6250

B . Rs 7430

C . Rs 5000

D . Rs 4590

Answer: Option A
:
A
Depreciation= Rs

\frac{50000}{8}

= Rs 6250.

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