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Jojo Ltd . purchased a machinery on January 1 , 2 0 2 0 . a . Compute end of year book value for the

Jojo Ltd. purchased a machinery on January 1,2020.
a. Compute end of year book value for the first two years using the Declining Balance method. You
must prepare a depreciation schedule for this method.
b. Compute end of year book value for the first year using the Straight Line method. You must prepare
a depreciation schedule for this method.
c. Compute end of year book value for the first year using the Units of Activity method. Actual machine
hours of use in 2020 was 300 hours. You must prepare a depreciation schedule for this method.
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