A company which makes up its financial statements annually to 31 December, provides for depreciation of its
Question:
A company which makes up its financial statements annually to 31 December, provides for depreciation of its machinery at the rate of 12 per cent per annum using the reducing balance method. On 31 December 2015, the machinery consisted of three items purchased as shown:
Required:
Your calculations showing the depreciation provision for the year 2015.
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Related Book For 
Frank Woods Business Accounting Volume 1
ISBN: 9781292084664
13th Edition
Authors: Alan Sangster, Frank Wood
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