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estion 27 The cost of the van is RM62,000, which has an estimated useful ito...

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Accounting

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estion 27 The cost of the van is RM62,000, which has an estimated useful ito at five years. The residual value for the van in RM2,000. Every year, the van is yet answered depreciated for 50%. Calculate the depreciation expense for Year 1 to Year 4 using reducing balance method [12 marks) rked out of 00 Flag question Format B 1 111 YEAR DEPRECIATION (RM) ACCUMULATED DEPRECIATION (RM) NET BOOK VALUE (RM) 1 2 3 4 Path table

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