A car which was bought for Ghc 9,000 when new was valued at Ghc Ghc7, 500 at the end of the first year. It then depreciated each year by 12 1/2 of its value at the beginning of the year. Calculate to the nearest whole number the value of the car at the third year
A car which was bought for Ghc 9,000 when new was valued at Ghc Ghc7, 500 at the end of the first year. It then depreciated each year by 12 1/2 of its value at the beginning of the year. Calculate to the nearest whole number the value of the car at the third year
A car which was bought for Ghc 9,000 when new was valued at Ghc Ghc7, 500 at the end of the first year. It then depreciated each year by 12 1/2 of its value at the beginning of the year. Calculate to the nearest whole number the value of the car at the third year
A car which was bought for Ghc 9,000 when new was valued at Ghc Ghc7, 500 at the end of the first year. It then depreciated each year by 12 1/2 of its value at the beginning of the year. Calculate to the nearest whole number the value of the car at the third year
Definition Video Definition Accounting method wherein the cost of a tangible asset is spread over the asset's useful life. Depreciation usually denotes how much of the asset's value has been used up and is usually considered an operating expense. Depreciation occurs through normal wear and tear, obsolescence, accidents, etc. Video
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