Depreciation on building = 6,25,000×5%=31,250.
Closing value = 6,25,000−31,250=5,93,750.
The closing value of Building as on 31.3.2017 was:
CUET UG 2023 — Accountancy Financial Statements
2023mcqeasy
The closing value of Building as on 31.3.2017 was:
Official previous-year question
Held on 20 Jun 2023 · Verified 13 Jul 2026.
Options
- A
Rs.5,93,750
- B
Rs.5,39,750
- C
Rs.5,40,000
- D
Rs.5,37,950
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