A photocopier costs 23,000. It will be kept for four years, and then traded-in for 4,000. Show

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A photocopier costs £23,000. It will be kept for four years, and then traded-in for £4,000. Show the calculations of the figures for depreciation for each year using

(a) The straight line method,

(b) The reducing balance method, for this method using a depreciation rate of 35 per cent.

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Frank Woods Business Accounting Volume 1

ISBN: 9780273681496

10th Edition

Authors: Frank Wood, Alan Sangster

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Question Posted: Aug 19, 2023 06:09 AM

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A photocopier costs 23,000. It will be kept for four years, and then traded-in for 4,000. Show

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Calculate the depreciation for each year using both the straightline method and the reducing balance ...View the full answer

Frank Woods Business Accounting Volume 1

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