A machine costs pound26660 it will be kept for four years, Ask an Expert

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A machine costs £26,660. It will be kept for four years, and then sold for an estimated figure of £6,400.

Show the calculations of the figures for depreciation (to nearest £) for each of the five years using (a) the straight line method, (b) the reducing balance method, for this method using a depreciation rate of 30 per cent.

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Financial Accounting, Accounting

Category:- Financial Accounting
Reference No.:- M92195525

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