Question
A machine was purchased on January 1, 2000 for $150000. It is depreciated by 20% per annum on the reducing balance method. It is to
A machine was purchased on January 1, 2000 for $150000. It is depreciated by 20% per annum on the reducing balance method. It is to be kept for 4 years.
Prepare the provision for depreciation account. Show workings for depreciation calculations.
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Auditing Today
Authors: Emile Woolf
6th Edition
0135894662, 978-0135894668
