Wilma depreciates cars on the reducing balance basis at 15% per annum. What will be the depreciation

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Wilma depreciates cars on the reducing balance basis at 15% per annum.

What will be the depreciation charge for the first year of ownership of the new car?

a) £3 660 Dp ae est/.60 Cn £3) O40

d) £4 460.

194 | SECTION 2. FINANCIAL ACCOUNTING Dal 9.8 Slee)

919

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Financial Accounting For Non Specialists

ISBN: 9781844802050

2nd Edition

Authors: Catherine Gowthorpe

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Wilma depreciates cars on the reducing balance basis at 15% per annum. What will be the depreciation

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Financial Accounting For Non Specialists

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