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Author Topic: plz slow this problem..........  (Read 1311 times)

punnareddyt1984

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plz slow this problem..........
« on: April 28, 2010, 09:04 PM »
Prepare a statement showing the amount of depreciation under. 'Current Cost
Accounting' (CCA) method for each of the four year as well as the back log
depreciation for a certain item of the asset from the following details :
Cost of machine Rs.50,000
Estimated life 4 years
Residual value Nil
Inflation factor 10% p.a.
Assume straight line method of depreciation.
 

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