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Mazaya Company bought equipment on January 1, 2011. The equipment cost R.O.180,000 and had an expected residual value of R.O.30,000. The life of the equipment
Mazaya Company bought equipment on January 1, 2011. The equipment cost R.O.180,000 and had an expected residual value of R.O.30,000. The life of the equipment was estimated to be 6 years. The accumulated depreciation for the year ending 2013, using the straight-line method of depreciation is: Select one: a. R.O.50,000. b. R.O.45,000. c. R.O.75,000. d. R.O.25,000.
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