A machine bought for N7,000 was estimated to have a usefu...
A machine bought for N7,000 was estimated to have a useful life of 4 years and a scrap value of N500. What is the Net book value of the machine at the end of the second year, Using the straight line method
N3,250
N3,562
N3,656
N3,750
N4,062
Correct answer is D
No explanation has been provided for this answer.
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