The original cast of a asset is Rs. 4,15,000 is. The useful life of the asset is 20 year and net residual value of estimated at Rs. 65,000. The amount of depreciation each year will be
A. Rs. 17,000
B. Rs. 17,500
C. Rs. 18,000
D. Rs. 18,500
Answer: Option B
This Question Belongs to Commerce >> Accounting
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