Question
A company purchased machinery for ₹10,00,000 on 1
April 2021. The machine has a useful life of 5 years, and depreciation is charged using the straight-line method. How should the company present this expense in its financial statements for the year ended 31 March 2022?Solution
The correct answer is D
More Accounts Questions
The Agricultural Produce (Grading and Marketing) Act was passed in which year?
Which of the following property of soil is not influenced by tillage operations?
Who developed Hydrogen Bomb?
…………………. is used as a prime mover for active tools and stationary farm operations
At what moisture content do seeds generally maintain germination for one year under normal warehouse conditions?
A common biocontrol agent used to control plant diseases is ____
Father of zero tillage is
The disease related with apple is known as
Blue color seed tag indicates which class of seeds?
The state where less than 500 mm annual rainfall is obtained
