A machine, the life of which is estimate to be 10 years, costs Rs. 10,000. Calculate its scrap value at the end of its life, depreciation on the reducing installment system being charged at 10% per annum.
A machine, the life of which is estimate to be 10 years, costs Rs. 10,000. Calculate its scrap value at the end of its life, depreciation on the reducing installment system being charged at 10% per annum.
