Cost of Asset = Rs. 21,000
Scrap value = Rs. 1,000
Depreciation rate = 10% p.a.
What will be the depreciation for the second year if depreciation is charged by straight line method?
A. Rs. 2,100
B. Rs. 2,000
C. Rs. 2,200
D. Rs. 2,400
Answer: Option B
This Question Belongs to Commerce >> Accounting
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