A machine was purchased for $ 8,000, with an estimated useful life of 10 years, and it has a scrap value of $ 1,000 and rate of interest = %10. Calculate the :following %3D The book value at the end of the seventh year using constant percentage .method 1,862 1,662 1,882 2,862 O

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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A machine was purchased for $ 8,000, with an estimated useful life of 10 years,
and it has a scrap value of $ 1,000 and rate of interest = %10. Calculate the
:following
The book value at the end of the seventh year using constant percentage
*.method
1,862 O
1,662
1,882
2,862 O
Activate Windo
Go to PC settings to
*.The depreciation installment for the ninth year using straight line method
A
Transcribed Image Text:مطلوب A machine was purchased for $ 8,000, with an estimated useful life of 10 years, and it has a scrap value of $ 1,000 and rate of interest = %10. Calculate the :following The book value at the end of the seventh year using constant percentage *.method 1,862 O 1,662 1,882 2,862 O Activate Windo Go to PC settings to *.The depreciation installment for the ninth year using straight line method A
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