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What is the annual depreciation charge if the salvage value of the equipment to be Rs.10,000 and the generator costing is Rs.90,000 for 20 years?
Question

What is the annual depreciation charge if the salvage value of the equipment to be Rs.10,000 and the generator costing is Rs.90,000 for 20 years?

A.

Rs.2,000

B.

Rs.4,000

C.

Rs.8,000

D.

Rs.6,000

Correct option is B



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