A machine cost N12,000 and has a useful life of 4 years a...
A machine cost N12,000 and has a useful life of 4 years and an expected disposal value of N400. Using the reducing balance method, what us the net book value at the end of the year 2? (ignoring residual value)
N10,480
N10,080
N9,680
N9,600
N7,680
Correct answer is E
No explanation has been provided for this answer.
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