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Definition of Functions

The useful li...

Question

The useful life specified in Part C of Schedule II of the companies act, $2013$ for office equipment is ______ years.

A

15

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B

8

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C

10

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D

5

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Solution

The correct option is B $5$
Schedule II of Companies Act, 2013 specified different useful life for different types of assets as per its nature wherein under part C useful life for office equipment specified as 5 years.

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