Question
On 1.1.2012 a machine was purchased for $ 50,000 and $ 4000 was paid for installation. Assuming That the rate of depreciation was 10% on
On 1.1.2012 a machine was purchased for $ 50,000 and $ 4000 was paid for installation. Assuming That the rate of depreciation was 10% on Reducing Balance Method, calculate amount of depreciation up to 31.12.2016.
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Intermediate Accounting
Authors: kieso, weygandt and warfield.
14th Edition
9780470587232, 470587288, 470587237, 978-0470587287
