Advanced AccountingMCQQuestion 5896 of 302
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2. What will be the amount of depreciation to be charged on the Machine for the year ended 31st March, 2022?

Select Your Answer (Keyboard: A, B, C, D)
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Correct Answer

✅ Option A — ₹ 4,87,500

All Options:

  • A₹ 4,87,500 ✓
  • B₹ 6,37,500
  • C₹ 4,50,000
  • D₹ 5,37,500

Detailed Solution & Explanation

Correct Answer: Option **A** Explanation: As per the official suggested answer, option **A** is correct. Hence, **Option A** is the correct answer.

Key Concepts to Understand

Depreciation

Allocation of the cost of a tangible fixed asset over its useful life due to wear and tear, efflux of time, or obsolescence.

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