A machine cost N12 000 and has a useful life of... - WAEC Accounting 1989 Question
A machine cost N12,000 and has a useful life of 4 years and an expected disposal value of N400.Using the reducing balance method what will be the depreciation charge for year 2 at 20%? (ignoring residual value)
A
N3,000
B
N2,900
C
N2,400
D
N1,920
correct option: d
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