4. A machinery purchased on January 1 at a cost of RM154,000 has an estimated...
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Accounting
4. A machinery purchased on January 1 at a cost of RM154,000 has an estimated useful life of 10 years. Assuming that it will have no residual value. Calculate the depreciation expense for each of the first two years by using the following methods: a) Straight-line method b) Reducing balance method at a rate of 20% c) Sum-of-the-year digits method CamScanner 5m
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