A company, which makes up its financial statements annually to 31 December, provides for depreciation of its
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A company, which makes up its financial statements annually to 31 December, provides for depreciation of its machinery at the rate of 15 per cent per annum using the reducing balance method. On 31 December 20X8, the machinery consisted of three items purchased as shown:
Required:
Your calculations showing the depreciation provision for the year 20X8.
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Related Book For 
Frank Woods Business Accounting Volume 1
ISBN: 9780273681496
10th Edition
Authors: Frank Wood, Alan Sangster
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