Question
QUESTION 2 [10 MARKS] 2.1 Discuss critically the challenges for a small business of calculating fixed asset depreciation. (5) 2.2 What is residual value, and
QUESTION 2 [10 MARKS]
2.1 Discuss critically the challenges for a small business of calculating fixed asset depreciation. (5)
2.2 What is residual value, and how does it differ from the estimated useful life of an asset? (5)
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Financial Accounting
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
2nd Edition
047116920X, 978-0471169208
