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On 1/3/2018, the company bought a machine for use at a value of 24,000 dinars, and the estimated useful life of the machine was 8
On 1/3/2018, the company bought a machine for use at a value of 24,000 dinars, and the estimated useful life of the machine was 8 years, and the value of scrap (waste) was estimated at zero, assuming the company used the Double Declining Balance Method to determine the depreciation, so what is the value Machine depreciation expense for the year 2018: A- 5,000 dinars B- 4,375 dinars C- 6.000 dinars D- 4,500 dinars
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