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A company purchased kitchen equipment on 30 June 2016 as follows: Cost (GST exclusive) $26,000 Residual value $4,000 Estimated useful life 5 years Under the
A company purchased kitchen equipment on 30 June 2016 as follows: Cost (GST exclusive) $26,000 Residual value $4,000 Estimated useful life 5 years Under the straight-line method of the depreciation, the machine's net carrying amount at 31 December, 2018 was $___________. Group of answer choices 13,000
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