Use the following information to answer this question. Acquisition cost of computers – Le 80,000…

Use the following information to answer this question.
Acquisition cost of computers – Le 80,000
Installation cost – Le 20,000
Estimated residual value – Le 4,000
Estimated useful life – 5 years.
The depreciable value of computers is

  • A.
    Le 80,000
  • B.
    Le 96,000
  • C.
    Le 100,000
  • D.
    Le 104,000
Correct Answer: Option B
Explanation

80,000 + 20,000 = 100,000

100,000 – 4000 = 96,000

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