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TOPIC: DEPRECIATION OF NON CURRENT ASSETS Question 2 A van is bought for RM95,300 with 20% per annum depreciation rate. Show the depreciation calculation for

TOPIC: DEPRECIATION OF NON CURRENT ASSETS

Question 2

A van is bought for RM95,300 with 20% per annum depreciation rate. Show the depreciation

calculation for three years using:

(a) The straight line method

(b) The reducing balance method

**Please show full method on answering the question

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