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Question 2 Not yet answered Marked out of 1.00 Flag question Time left 0:59:27 Rachel bought a motor vehicle for 25,000. The vehicle has
Question 2 Not yet answered Marked out of 1.00 Flag question Time left 0:59:27 Rachel bought a motor vehicle for 25,000. The vehicle has an estimated useful life of 3 years and an estimated residual value of 2,500. If depreciation is to be provided on the straight-line basis, which of the following statements is true? a. Depreciation will be provided at 33% on cost. O b. Depreciation will be provided at 30% on cost. O c. Depreciation will be provided at 10% on cost. O d. Depreciation will be provided at 37% on cost. Previous page Next page
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