Question
On April 1, 2021, Seoul Corporation acquired a machinery device for 100,000, with an estimated useful life of 4 years and a residual value of
On April 1, 2021, Seoul Corporation acquired a machinery device for 100,000, with an estimated useful life of 4 years and a residual value of 30,000. Seoul Corporation takes the straight-line method of calculating monthly to calculate the depreciation cost. In this case, what is the accumulated depreciation amount at the end of 2022?
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Intermediate Accounting Volume 1
Authors: Kin Lo, George Fisher
4th Edition
013523610X, 9780135236109
