Question
Sum of the years digits method Car purchased for 44 000 euro has an estimated life of 4 years or 175 000 km and a
Sum of the years digits method
Car purchased for 44 000 euro has an estimated life of 4 years or 175 000 km and a residual value of 4 000 euro. A total of 51 000 km was driven in the first year and 50 000 km in the second year. What is total depreciation expense for the first two years using SYD depreciation method.
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Advanced Management Accounting
Authors: Maurice L. Hirsch Jnr.
2nd Edition
1861526768, 978-1861526762
