If the cost of building is 250000 OMR, salvage value 20000 OMR, useful life is 20 years. What is the book value of the building after 9 years? Select one: O a. 126500 OMR O b. 112500 OMR O c. Correct answer is not available O d. 103500 OMR

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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If the cost of building is 250000 OMR,
salvage value 20000 OMR, useful life is 20
years. What is the book value of the
building after 9 years?
Select one:
a. 126500 OMR
O b. 112500 OMR
c. Correct answer is not available
O d. 103500 OMR
Transcribed Image Text:If the cost of building is 250000 OMR, salvage value 20000 OMR, useful life is 20 years. What is the book value of the building after 9 years? Select one: a. 126500 OMR O b. 112500 OMR c. Correct answer is not available O d. 103500 OMR
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