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General motors purchased electrical equipment with a 10 year life valued at Rs.547,000 in 2015. To install & ship the equipment, it will cost Rs.10,900
General motors purchased electrical equipment with a 10 year life valued at Rs.547,000 in 2015. To install & ship the equipment, it will cost Rs.10,900 and Rs.7550 respectively. The equipment has a salvage value of Rs. 23,200. Using the DBM, answer the following questions: (a) Depreciation expenses in 2015? (b) Depreciation expenses in 2016? (c) BV in 2016?
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