Question: step by step solution needed to get 3000 thanks ABC's non-current asset was re-valued to E9,000 at the end of its second year in business
ABC's non-current asset was re-valued to E9,000 at the end of its second year in business use. Original asset cost was 10,000, life 5 years, ERV 0, STR, what was the depreciation charge for this asset in year four. Select one: a. 2500 b. 3,000 c. E3300 d. E6600 e. N..TX incorrect The correct answer is: E3,000
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