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Question 2: Calculate the amount of depreciation under CCA method for each of the four years as well as the backlog depreciation for a machine
Question 2: Calculate the amount of depreciation under CCA method for each of the four years as well as the backlog depreciation for a machine from the following information by assuming straight line method of depreciation: Cost of machine OMR 60,000 Estimated life 4 years Residual Value Nil Inflation Rate 10% p.a.
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