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

  • question_answer
    A machinery is purchased for ` 15000 on 1st April, 2005 and depreciation @ 10% per annum is provided. Calculate the amount of difference in depreciation as per SLM and WDV basis in the year 2006-07.

    A)  ` 150                                      

    B)  ` 1000

    C)  Nil                                          

    D)  ` 200

    Correct Answer: A

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