Question
A machine which was bought for $180,000 on 30 April 2008. The residual value was $5,000 and depreciation rate was 25%. Depreciation is to be
A machine which was bought for $180,000 on 30 April 2008. The residual value was $5,000
and depreciation rate was 25%. Depreciation is to be charged under the reducing balance
method on month to month basis. Compute the depreciation at 31st December 2008
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Principles Of Financial Accounting (Chapters 1-17)
Authors: John Wild
24th Edition
1260158608, 9781260158601
