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SOHAR Products purchased a computer for OMR13,000 on July 1, 2010. The company intends to depreciate it over 4 years using the double-declining balance method.
SOHAR Products purchased a computer for OMR13,000 on July 1, 2010. The company intends to depreciate it over 4 years using the double-declining balance method. Residual value is OMR1,000. Depreciation for 2011 SI Select one: Oa. OMR4,875 Ob. OMR3,000 Oc. OMR3,250 O d. OMR6,500
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Financial Accounting Theory
Authors: William R. Scott
3rd Edition
0130655775, 9780130655776
