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. The accumulated depreciation at the end of the year 3 using the straight line method is

  • N9,300
  • N9,000
  • N8,700 checkmark
  • N6,900
  • N6,000

The correct answer is: C

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