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Q6. An asset was purchased for SR 50,000 on Jan 1, 2010. On Dec. 31, 2014 the accumulated depreciation of the asset was SR
Q6. An asset was purchased for SR 50,000 on Jan 1, 2010. On Dec. 31, 2014 the accumulated depreciation of the asset was SR 35,000. What was the net book value of the assets on Dec. 31, 2014? a) SR 65,000 b) SR 35,000 c) SR 15,000 d) SR 50,000
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Horngrens Financial and Managerial Accounting
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
5th edition
9780133851281, 013385129x, 9780134077321, 133866297, 133851281, 9780133851298, 134077326, 978-0133866292
