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A machine originally had an estimated useful life of 11 years, but after 4 complete years, it was decided that the original estimate of useful
A machine originally had an estimated useful life of 11 years, but after 4 complete years, it was decided that the original estimate of useful life should have been 16 years. At that point the remaining cost to be depreciated should be allocated over the remaining:
a. 2 years.
b. 5 years.
c. 12 years.
d. 8 years.
e. 10 years.
a. 2 years.
b. 5 years.
c. 12 years.
d. 8 years.
e. 10 years.
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The correct answer is 12 years The remaining cost is to be deprecia...
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