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A company purchased a machine at a cost of Sh. 450,000. The estimated life of this machine is 5 years. Using the sum of years...

      

A company purchased a machine at a cost of Sh. 450,000. The estimated life of this machine is 5 years. Using the sum of years digits determine its depreciation.

  

Answers


Kavungya
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Kavungya answered the question on August 17, 2021 at 11:37


Next: Calculate the reducing balance depreciation charged at 20% for the first 3 years on a machine bought for Sh. 10,000.
Previous: Describe the Revaluation Method of calculating depreciation.

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