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2. A land property is providing services in uniform manner. On the basis of STRAIGHT LINE METHOD, by SWITCHING FROM DECLINING BALANCE DEPRECIATION METHOD
2. A land property is providing services in uniform manner. On the basis of STRAIGHT LINE METHOD, by SWITCHING FROM DECLINING BALANCE DEPRECIATION METHOD (DB), complete the table below. The Initial value of the land is 10000 Riyals. The depreciation rate is 200 % and Depreciation Life of the project is 5 years. Assume the SALVAGE VALUE is zero and it is less than the BOOK VALUE. YEAR (N) 1 2345 4 DN (Depreciation Value) BN (Book Value)
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Modern Advanced Accounting In Canada
Authors: Hilton Murray, Herauf Darrell
7th Edition
1259066487, 978-1259066481
