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o Mazaya Company purchased a new van for floral deliveries on January 1, 2011. The van cost R.O.40,000 with an estimated life of 5 years

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o Mazaya Company purchased a new van for floral deliveries on January 1, 2011. The van cost R.O.40,000 with an estimated life of 5 years and R.O.10,000 residual value at the end of its useful life. The double-declining-balance method of depreciation will be used. What is the balance of the Accumulated Depreciation account at the end of 2011? Select one: a. R.O.25,600 b. R.0.8,400 C.R.O.10,600 d. R.0.16,000 Indicate where the event purchased land and a building with a mortgage would appear if at all, on the indirect

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