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please do it in 30 minutes please urgently... I'll give you up thumb definitely 1. Kelly Ltd is a stationery manufacturer. For the year ended
please do it in 30 minutes please urgently... I'll give you up thumb definitely
1. Kelly Ltd is a stationery manufacturer. For the year ended 31st December 202X, the following information is extracted from its balance sheet: Cost Detail Warehouse 180,000 Plant and equipment 145,000 Machinery 60,000 165,000 Total Accumulated depreciation. 40,000 Warehouse is depreciated using straight-line method with an estimated useful life of 15 years Plant and equipment are depreciated using reducing balance method at a rate of 15%. Machinery is depreciated using reducing balance method at a rate of 12% Calculate depreciation for each category of non-current assets for Kelly Ltd for the year ended 31st December 202X. (9 marks) 45,000 490,000 145,000Step by Step Solution
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