The yearly depreciation using the straight line method would be?

Use the information below to answer the question that follows,A machine bought for N35,000 was estimated to have a life span of 5years with a scrap value of N9,000.

The yearly depreciation using the straight line method would be?

  • A.
    N5,200
  • B.
    N6,500
  • C.
    N8,800
  • D.
    N4,400
Correct Answer: Option A
Explanation
You May Also Like