Question
Congo stationers bought a publishing machine at Sh. 8,800,000. The machine has a scrap value of 1,200,000 while the depreciation is charged at 12.5% Required:
Congo stationers bought a publishing machine at Sh. 8,800,000. The machine has a scrap value of 1,200,000 while the depreciation is charged at 12.5% Required: i) Prepare depreciation schedules using straight line method (4 marks) ii) Prepare depreciation schedules using sum of digit method (5 marks) TOTAL 20 MARKS
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The Routledge Companion To Critical Accounting
Authors: Robin Roslender
1st Edition
0367656183, 9780367656188
