A machine cost N12,000 and has a useful life of 4 years and an expected…

Accounts - Principles of Accounts WAEC 1989

A machine cost N12,000 and has a useful life of 4 years and an expected disposal value of N400. Using the straight line method, the annual depreciation is

  • N3,100
  • N3,000
  • N2,900 checkmark
  • N2,300
  • N2,000

The correct answer is: C

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