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Al Qurum Enterprises purchased equipment for OR 72,000 on January 1, 2018. The equipment is expected to have a five-year life and a residual value
Al Qurum Enterprises purchased equipment for OR 72,000 on January 1, 2018. The equipment is expected to have a five-year life and a residual value of OR 6,000. Using the straight-line method, depreciation for 2018 would be: Select one a. None of the above is correct. b. 13,200 c. 14,400 d. 72,000
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