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- June 5, 2015 at 6:46 am #253478
I thought it was very ambiguous too, I think after a couple of attempts at the Ppe through I got it right, item 1 and item 2 were purchased in the year so the acc dpn applied to the remainder of the cost value, then the dpn is total cost / 5 apart from item 2 that had a residual value, so that is cost-rv/5
June 5, 2015 at 6:14 am #253469Question 3 was so difficult but I’m hoping I got enough marks on there from workings and method to get me through, PPE was abit ambiguous but it told you that item 1 and item 2 were purchased in the current year so the accumulated dpn would only apy to the remaining balance on the ppe, then dpn for the year was /5, apart from item 2 that had a residual balance., so it was cost-RV/5
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