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Hamid Builders bought construction machinery on January 1 2003, at a cost of Rs.800000 with an estimated useful life of nine years and an estimated

Hamid Builders bought construction machinery on January 1 2003, at a cost of Rs.800000 with an estimated useful life of nine years and an estimated residual value of Rs.80000.The management decides to change the depreciation method from WDV TO SLM in the financial statement for the year ended December 31 2008

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