Depreciation on a particular piece of machinery was N2,700 during the fifth year of its service life and N4,050 during the sixth year. The logical explanation for this is that?
a
an addition was made to the asset during the sixth year
b
the estimate of salvage value on this equipment was decreased
c
a unit-of-output method of depreciation was used during the sixth year
d
the estimate remaining service life of the assets was increased at the beginning of the sixth year
Explanation
Correct Option
aNo explanation available
Video Explanation
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