Accounting MCQs Accounting Mcqs
Q A second hand car is purchased for 2,00,000 and sold at 1,40,000 after two years. If depreciation is charged @ 10% on SLM method, find the profit or loss on sale of the car?
  • A A. 20,000 loss
  • B B. 20,000 profit
  • C C. 10,000 loss
  • D D. 10,000 profit
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Word of the Day
12 Jul
Obdurate
stubbornly refusing to change one’s opinion or course of action.
آدی، بدکار، Ψ³Ω†Ϊ―Ψ―Ω„ΫŒ

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