A machine costs 5,120. It will be kept for five years, and then sold at an estimated

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A machine costs £5,120. It will be kept for five years, and then sold at an estimated figure of £1,215. Show the calculations of the figures for depreciation for each year using

(a) the straight line method, (0) the reducing balance method, for this method using a depreciation rate of 25 per cent.

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ISE Business Accounting Volume 1

ISBN: 9780273638391

8th Edition

Authors: Frank Wood, Alan Sangster

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Question Posted: May 24, 2024 02:03 AM

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A machine costs 5,120. It will be kept for five years, and then sold at an estimated

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ISE Business Accounting Volume 1

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