Under straight line method with salvage, depreciation is calculated on?

Cost of a fixed asset

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Cost of repairs of a fixed asset

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Cost of fixed asset - Salvage value

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Market value of asset

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Solution

The correct option is C
Cost of fixed asset - Salvage value

Depreciation is calculted on cost of fixed asset - salvage value.

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Similar questions

Cost of the fixed asset – Salvage value =

2, 52, 000

12, 000

10

1, 00, 000

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