An equipment costing #9,000 has an estimated residual value of #900, and is depreciated at 10% per annum. Using the straight-line method, what is the depreciation charge for the second year?

a

#810

b

#900

c

#990

d

#1,000

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a

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Praokp25
3 months ago

so 10% per annum is 10 years

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