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2. Auckland Co purchased a machine for 90,000 on 1 January 20X7 and assigned it a useful life of 15 years. On 31 March 20X9
2. Auckland Co purchased a machine for 90,000 on 1 January 20X7 and assigned it a useful life of 15 years. On 31 March 20X9 it was revalued to 94,000 with no change in useful life. Requested: What will be depreciation charge in relation to this machine in the financial statements of Auckland Co for the year ending 31 December 20X9?
2. Auckland Co purchased a machine for 90,000 on 1 January 20X7 and assigned it a useful life of 15 years. On 31 March 20X9 it was revalued to 94,000 with no change in useful life.
Requested: What will be depreciation charge in relation to this machine in the financial statements of Auckland Co for the year ending 31 December 20X9?
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Essential Finance Guide
Authors: DK Publishing
1st Edition
078948157X, 978-0789481573
