If the scrap value is now N15,000. What will be the yearl...
Use the information below to answer the question that follows,
A machine bought for N35,000 was estimated to have a life span of 5years with a scrap value of N9,000.
If the scrap value is now N15,000. What will be the yearly depreciation using the straight line method?
N11,000
N7,000
N4,000
N24,000
Correct answer is C
No explanation has been provided for this answer.
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