A lorry bought for a business cost 17,000. It is expected to last for five years and
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A lorry bought for a business cost 17,000. It is expected to last for five years and then be sold for scrap for 2,000. Calculate the depreciation per annum using the straight-line method and the reducing balance method (35% per annum).
Related Book For
Using Financial Accounting Information The Alternative to Debits and Credits
ISBN: 978-1133161646
7th Edition
Authors: Gary A. Porter, Curtis L. Norton
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