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(a) GD Office Management purchase 20 cabinets at a cost of RM600 each. The cabinet has an estimated useful life of 12 years, and its

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(a) GD Office Management purchase 20 cabinets at a cost of RM600 each. The cabinet has an estimated useful life of 12 years, and its salvage value is RM100 each. i. Construct a depreciation schedule for the first five years using Straight Line Method and Sum of Year Digits Method. (Round off to the nearest ringgit) (8 marks) ii. Hence, from (i) state the best method by comparing the book value of the cabinets. ustify your nswer. (2 marks)

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