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Al Maha Oil Company purchased a truck costing OMR6,000 on January 1, 2015, the estimated useful life of the truck is 4 years, and
Al Maha Oil Company purchased a truck costing OMR6,000 on January 1, 2015, the estimated useful life of the truck is 4 years, and the salvage value is OMR2,000. Work Required Calculate deprecation expenses, accumulated depreciation, and book of the truck covering the whole useful life of the truck by Using 1. Straight Line Method.
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