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Calculate depreciation using straight line, units of output and reducing balance methods for Years 1 and 2 for the following asset. (Use SL rate* 2
Calculate depreciation using straight line, units of output and reducing balance methods for Years 1 and 2 for the following asset. (Use SL rate* 2 for reducing balance) cost 82000 Estimated residual value 22000 Estimated useful life 5 years or 200000 kms Kms travelled Year 1 48000 Kms travelled Year 2 43500 Depreciation Method Year 1 Year 2 Straght Line Units of output Reducing Balance
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