Question
An asset was purchased for 1,000,000 on the 1 January 2018. On the date of purchase it was estimated to have useful economic life of
An asset was purchased for 1,000,000 on the 1 January 2018. On the date of purchase it was estimated to have useful economic life of 5 years and residual value of 100,000. For the year ended 31 December 2019, the residual value was revised to 120,000.
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Physics
Authors: David Young, Shane Stadler
10th edition
1118486897, 978-1118836873, 1118836871, 978-1118899205, 1118899202, 978-1118486894
