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On April 1, 2012, company X purchased an equipment for Rs. 100,000. This is expected to have 5 useful life years. The salvage value is
On April 1, 2012, company X purchased an equipment for Rs. 100,000. This is expected to have 5 useful life years. The salvage value is Rs. 14,000. Company X considers depreciation expense for the nearest whole month. Calculate the depreciation expenses for 2012, 2013, 2014,2015,2016 using a declining balance method.
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