LLP purchased a machinery for Rs 100000. The LLP spent Rs 50000 on transportation. The...
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LLP purchased a machinery for Rs 100000. The LLP spent Rs 50000 on transportation. The entity also carried out the installation of the machinery by paying 1% of the purchase price of the machinery. The estimated scrap value of the machinery at the end of the 10 years is Rs 10000.
Calculate the annual depreciation expenses with help of manual formulae calculation step by step.
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