Use the following information to answer this qu... - WAEC Accounting 2016 Question
Use the following information to answer this question.
Acquisition cost of computers - Le 80,000
Installation cost - Le 20,000
Estimated residual value - Le 4,000
Estimated useful life - 5 years.
The depreciable value of computers is
A
Le 80,000
B
Le 96,000
C
Le 100,000
D
Le 104,000
correct option: b
80,000 + 20,000 = 100,000
100,000 - 4000 = 96,000
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