Question
On 01/07/2020, a machine was sold for 800000. Original cost was 1000000, at the time of sale accumulated depreciation is 250000. Machine was estimated to
On 01/07/2020, a machine was sold for 800000. Original cost was 1000000, at the time of sale accumulated depreciation is 250000. Machine was estimated to have a remaining useful life of 5 years with no residual value.
How can i find out the original depreciation value and new depreciation value base on straight line basis? \
pls ASAP
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Forensic And Investigative Accounting
Authors: D. Larry Crumbley, Lester E. Heitger, Stevenson Smith
5th Edition
0808026879, 9780808026877
