Depreciation Slm

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Jul 2, 2017
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Nigeria
how do i calculate assuming the company policy is to depreciate fixed asset using the slm calculate annual depreciation charges for the first 3 years assuming the following scrap value is
ROOF 5,000,000
ELEVATOR 800,000
FIXTURES 600,000
OTHERS 1,000,000
YOU RE REQUIRED TO SHOW ACCOUNT ENTRY FOR THE 3 YEARS WHEN THE ORGANISATION MAINTAIN IT ASSET ACCOUNT
AT COST AND AT NET BOOK VALUE
 

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