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CA CPT June 2015 Question Paper Fundamentals of Accounting for online practice

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Question : 60

Total: 60

A machinery purchase for Rs. 1,00,000 on 1st January, Further on 1st July New machinery purchased atRs. 50,000. Depreciation charged @20% p.a. on Straight Line Method. After 3 years value of machinerywill be:

Rs. 65,000
Rs. 60,000
Rs. 85,000
None of these above

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