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Black ad Blue Ltd depreciates its Forklift Trucks using a Reducing Balance of 30%. Its accounting year end is 30 September. On 30 September 20X6, it owned 4 Forklift Trucks:
(A) Purchased on 1 January 20X3 for £2,400
(B) Purchased on 1 May 20X4 for £2,500
(C) Purchased on 1 October 20X4 for £3,200
(D) Purchased on 1 April 20X6 for £3,600
Calculate the depreciation provision for the year ending 30 September 20X6.
May I ask where you got this question?