Question
Jacob purchased a machinery worth $120,000, carriable inward is $10,000 and useful life of asset is 10 years. Salvage value worth $30,000. Calculate depreciation as
Jacob purchased a machinery worth $120,000, carriable inward is $10,000 and useful life of asset is 10 years. Salvage value worth $30,000. Calculate depreciation as per SLM method.
Need answer is 10 minutes. Will DOWNVOTE if solved late. Thanks.
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Forensic Accounting And Fraud Investigation For Non-Experts
Authors: Stephen Pedneault, Frank Rudewicz, Howard Silverstone, Michael Sheetz
3rd Edition
0470879599, 9780470879597
