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On 1st January 2005 the plant and machinery was valued at...

This question belongs to Commerce Accounting
Accounting
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On 1st January, 2005 the plant and machinery was valued at Rs. 80,000 and on 31st December, 2005 it was valued at Rs. 1,20,000. Rs. 10,000 was written off as depreciation during the year. This will result in:

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Correct Answer: Option B
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