Question
A business bought a machine for6,000.It is to be depreciated at a rate of 25 per cent using the reducing balance method. What would the
A business bought a machine for6,000.It is to be depreciated at a rate of 25 per cent using the reducing balance method. What would the remaining book value be after two years?
(A) 3,375 (B) 1,500 (C) 1,125 (D) 2,800
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Frank Woods Business Accounting Volume 1
Authors: Frank Wood, Alan Sangster
10th Edition
9780273681496
