A company buys a new machine on July 1,2022, and it is put into use...
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Accounting
A company buys a new machine on July and it is put into use immediately.
Purchase price with installation is
It is assumed that it will be used for years and that the salvage value salvage value after years will be
a Calculate the annual depreciation based on Straightline depreciationi doubledeclining
b What will be the charged depreciation for the year incl. use for six months according to these depreciation methods.What will be the accumulated depreciation and book value at the end of incl. these two depreciation methods?
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