Teaching Accountancy Accounting for Specific Business and Transactions Question Bank MCQ - Accounting for Specific Business and Transactions

  • question_answer
    Original cost = ` 100000, life = 5 years, expected salvage value = ` 5000, rate of depreciation per annum = `

    A)  20.0%                                     

    B)  19.5%

    C)  19%                                        

    D)  19.4%

    Correct Answer: C


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