A machine costing Rs 1,00,000 with no salvage value and estimated life 10 years had the following…


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A machine costing Rs 1,00,000 with no salvage value and estimated life 10 years had the following… 1 answer below ยป A machine costing Rs 1,00,000 with no salvage value and estimated life 10 years had the following balances at the end of 2 years: Machinery: Rs 1,00,000
Accumulated Depreciation: Rs 20,000 It was estimated that the future life would be 4 years instead of 8 years. You are requested to show the revision of rate to be recorded. Jun 11 2014 04:17 PM

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