A machine cost N12,000 and has a useful life of 4 years and an expected disposal value of N400.Using the reducing balance method what will be the depreciation charge for year 2 at 20%? (ignoring residual value)
a
N3,000
b
N2,900
c
N2,400
d
N1,920
e
N1,536
Explanation
Correct Option
dNo explanation available
Video Explanation
No video available
Post your Contribution
Share:
Discussions (0)
No comments yet
Be the first to comment

