MCQOPTIONS
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| 1. |
Price of the computer = ` 50000 Residual value = ` 10000 Hours worked for the year = 4000 hrs Estimated life of the computer = 20000 hrs Calculate the amount of depreciation. |
| A. | ` 15000 |
| B. | ` 8000 |
| C. | ` 20000 |
| D. | ` 24000 |
| Answer» C. ` 20000 | |