The cost of a machine is OMR 90000 and has a useful life of 10 years, the company uses the Straight Line method to calculate expenses. Pass the Journal Entry Select one: a. None of them b. Date Particulars Debit (OMR) Credit (OMR) 31 Dec Depreciation Expense Accumulated depreciation 9000 9000 c. Date Particulars Debit (OMR) Credit (OMR) 31 Dec Depreciation Expense Accumulated depreciation 90000 90000 d. Date Particulars Debit (OMR) Credit (OMR) 31 Dec Depreciation Expense Accumulated depreciation 15000 15000 Clear my choice

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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The cost of a machine is OMR 90000 and has a useful life of 10 years, the company uses the Straight Line method to calculate expenses. Pass the Journal Entry Select one: a. None of them b. Date Particulars Debit (OMR) Credit (OMR) 31 Dec Depreciation Expense Accumulated depreciation 9000 9000 c. Date Particulars Debit (OMR) Credit (OMR) 31 Dec Depreciation Expense Accumulated depreciation 90000 90000 d. Date Particulars Debit (OMR) Credit (OMR) 31 Dec Depreciation Expense Accumulated depreciation 15000 15000 Clear my choice
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