Accountancy, asked by mbilalvip, 1 day ago

31st December,2017
plant and machinery =60,000
i) Depreciate all fixed assets by 10% p.a.. One machinery costing? 10,000 was purchase 1st July, 2017
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Answers

Answered by nursharifsala1706
1

Answer:

Double Declining Balance Method Formula = 2 X Cost of the asset X Depreciation rate or. Double Declining Balance Formula = 2 X Cost of the asset/Useful Life.

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