a company acquired a machine on 01.01.2013 at cost of 130,000 and spent 2,000 on its installations and 3,000 on trasport. Life of the machienry is 10 years. The company uses the declining balance method of depreciation for machinery at 30% a year. the books of accounts are closed on the 31st december every year. what will be the depreciation charge for the year 2015(year 3)? a)19,845 b)28,350 c)13,500 d)88,695 e) none of above answers is correct Someone could help me?
i was watching your video of interest applying US RULE. Thank you. You are a wonderful person..
Thank you so much for the clear steps.
a company acquired a machine on 01.01.2013 at cost of 130,000 and spent 2,000 on its installations and 3,000 on trasport. Life of the machienry is 10 years. The company uses the declining balance method of depreciation for machinery at 30% a year. the books of accounts are closed on the 31st december every year. what will be the depreciation charge for the year 2015(year 3)?
a)19,845
b)28,350
c)13,500
d)88,695
e) none of above answers is correct
Someone could help me?
Yes I can help you my friend. What seems to he the problem?🕵
19845
Please if you want to calculate for ordinary decline method, how will I calculate that?
Thanks bro🔥🔥
thank you so much
Thank you
Your finishing on this is not clear
thankyou