depreciation expense

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yvmmvrebpxf555

Business Finance

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Explanation & Answer

straight line depreciation method

=[initial cost-salvage value]/ time

[24000-4000]   /10

20000/10

2000


the salvage value is 2000 for 5 yrs then it will be

24000-2000/   5

22000/5

4400 to be recorded in the yr 2010


Anonymous
Great content here. Definitely a returning customer.

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