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  • 22-01-2024
  • Business
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limited purchased a machine on April 1, 2021 for 100,000 whose life was expected to be 10 years. Its estimated scrap value at the end of 10 years was ‘10,000. Find the amount of depreciation to be charged to Profit and Loss Account every year. Calculate the rate on which depreciation is to be charged every year.​

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