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Q2 Given cost of asset is RM15000 and useful life equal 4 years. The scrap value is RM3000. (a) Estimate the annual rate of deprecation
Q2 Given cost of asset is RM15000 and useful life equal 4 years. The scrap value is RM3000.
(a) Estimate the annual rate of deprecation given the value of asset is RM15000.
(b) Calculate the depreciation schedule using the declining balance method.
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