Question: please i need the solution step by step , thanks alot ? A fixed asset having useful life of 3 years is purchased on 1
please i need the solution step by step , thanks alot
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A fixed asset having useful life of 3 years is purchased on 1 of January 2013. Cost of the asset is 2000 whereas its residual value is expected to be 500. Please calculate depreciation expenses using straight line method for the years ending 30 June 2013
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