MCQOPTIONS
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| 1. |
A machine costing Rs. 2 lakh, (salvage value of the machine at the end of 4 years = 0) is to be depreciated over 4 years using the double declining balance depreciation method. The amount of the depreciation changed in the 3rd year is |
| A. | Rs. 1.000 lakh |
| B. | Rs. 0.500 lakh |
| C. | Rs. 0.250 lakh |
| D. | Rs. 0.125 lakh |
| Answer» D. Rs. 0.125 lakh | |