Question
Your company purchased a delivery truck for 50,000 in 2014. You expect to use it until the end of 2017. You will then have
Your company purchased a delivery truck for 50,000 in 2014. You expect to use it until the end of 2017. You will then have driven it 160,000km, the residual value is expected to be 5000. Please name three applicable methods of depreciation!
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Financial Accounting
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
IFRS 3rd edition
1118978080, 978-1119153726, 1119153727, 978-1119153702, 978-1118978085
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