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On January 01, 2019, the Al Wadi Company purchased machinery for OR 45,000. The estimated useful life of the machinery is 8 years and the
On January 01, 2019, the Al Wadi Company purchased machinery for OR 45,000. The estimated useful life of the machinery is 8 years and the estimated residual value is OR 5,000. Al Afiya's financial year ends on December 31. The machine is expected to produce 120,000 units during its life. Using the Units of products method, depreciation for 2019 would be (units produced in 2019), 14,000 unit Select one O a 3,960 b. 5,250 ec 4,620 e d. 4.260
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Intermediate accounting
Authors: J. David Spiceland, James Sepe, Mark Nelson
7th edition
978-0077614041, 9780077446475, 77614046, 007744647X, 77647092, 978-0077647094
