Use the following information to answeer questions below
Kako Ltd bought a machine for D 1,200,000 on 1st January 2018. Depreciation was provided annually at a rate of 10% using the diminishing balance method. The machine was sold for D 880,000 on 31st December 2021.
The accumulated depreciation as at the date of disposal was
a
D 480,000
b
D 325,200
c
D 320,000
d
D 412,680
Explanation
Correct Option
bVideo Explanation
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