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The table shows information relating to a company's non-current assets. Cost at 1 Jan 2020 accumulated depreciation at 1 January 2020 purchases for the
The table shows information relating to a company's non-current assets. Cost at 1 Jan 2020 accumulated depreciation at 1 January 2020 purchases for the year ended 31 December 2020 Cost of assets disposals for the year ended 31 December 2020 Depreciation is 25 % per annum on the reducing balance basis. What is the depreciation charge for the year? $ 10 500 4 900 2.500 700
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