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When journalising the question, i found that depreciation for building is straight line, which is correct. But how is the car depreciated? After the yearly
When journalising the question, i found that depreciation for building is straight line, which is correct. But how is the car depreciated? After the yearly depreciation of ($20000 - $3000)/6, it is multiplied by 11/365. What is 11/365 and how is this value achieved?
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