A machine is purchased on 1 January 2015 for 20,000 and is to be depreciated using the

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A machine is purchased on 1 January 2015 for £20,000 and is to be depreciated using the reducing balance method at a rate of 20%.

Show the provision for depreciation of machinery account for the years 2015, 2016 and 2017.

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Frank Woods Business Accounting Basics

ISBN: 9780273725008

1st Edition

Authors: Frank Wood, Mr David Horner

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