List of top Mathematics Questions on Basics of Accounting asked in CUET (UG)

The original value of an asset minus the accumulated depreciation at a given date is known as

A sofa set costing Rupees 36000 has a useful life of 10 years. If the annual depreciation is Rupees 3000, then the scrap value by linear method is:

A sofa set costing Rupees 36000 has a useful life of 10 years. If the annual depreciation is Rupees 3000, then the scrap value by linear method is:

The original value of an asset minus the accumulated depreciation at a given date is known as

A car costing ₹8,00,000 has scrap value of ₹3,00,000. If the book value of car at the end of fourth year is ₹6,00,000, then the useful life of the car is: