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A machine is depreciated at the rate of 20% on reducing balance. The original cost of themachine was 1,00,000 and its ultimate scrap value was 730,000. The effective life of themachine is(a) 4.5 years (appx.)(b) 5.4 years (appx.)(c) 5 years (appx.)(d) none of these |
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Answer» A MACHINE is DEPRECIATED will be the answer NONE of these |
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