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Use depreciation by linear function of use. A machine costs $30,000 and will produce 10,000 units and be sold for $6,000. Up to the end of the third year it produced 50,000 units and during the fourth year it produced 10,000 units. What is the depreciation charge for the fourth year and the Book Value at the end of the fourth year?

Financial Accounting, Accounting

  • Category:- Financial Accounting
  • Reference No.:- M92018664

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