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Question 2 ( 4 marks) You are given a part of Plant assets that appears in the statement of financial position for Natasha Company SOFP
Question 2 ( 4 marks) You are given a part of Plant assets that appears in the statement of financial position for Natasha Company SOFP 31/12/2018 Assets Plant Assets Equipment less: acc.dep 29,000 (7,650) The Equipment has an expected useful life 5 years and residual value $2000. (Straight Line Method used) Find the following: 1) Book value 31/12/2018? 2) Depreciation expense for 2019? 3) Accumulated depreciation on 31/12/2019? 4) The Date of purchasing the equipment
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