The following extracts are made from the books of Agama Enterprises.
|
Motor van (cost) |
120000 |
|
Life span |
4 years |
|
rate of Depreciation |
40% |
Method of depreciation used is Diminishing Balance The depreciation charge for year two is
a
#28,800
b
#48,000
c
#17,280
d
#10,370
Explanation
Correct Option
aVideo Explanation
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