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On X1, company is bought for 300,000 with a useful life of 10 years and estimated residual value od 25,000. On X4, the residual value
On X1, company is bought for 300,000 with a useful life of 10 years and estimated residual value od 25,000. On X4, the residual value is changed to 0. What is the depreciation expens foe the year ending X4 with a straight line depreciation?
Why is it 31,071?
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Financial Accounting An International Introduction
Authors: David Alexander
2nd Edition
9780273685203
