Question

A firm bought a machine for Tk. 3,700.It is to be deprecated at an annual rate of 25 percent using the reducing Method What would be the remaning book value in the books of accounts after 2 years?)
A. 1600tk
B.1800tk
C.2400 tk
D.None of these
plz solve this details​

Answer 1

Explanation:

The reducing balance method of depreciation results in declining depreciation expenses with each accounting period. In other words, more depreciation is charged at the beginning of an asset’s lifetime and less is charged towards the end.

Reducing balance depreciation is also known as declining balance depreciation or diminishing balance depreciation.

Answer 2

Answer:

its c 2400 fffgfgfgfggggghh