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depreciation

Forums › ACCA Forums › ACCA FA Financial Accounting Forums › depreciation

  • This topic has 1 reply, 2 voices, and was last updated 3 years ago by mrjonbain.
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    Posts
  • December 19, 2021 at 8:23 am #644540
    Pranavk23
    Participant
    • Topics: 1
    • Replies: 0
    • ☆

    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

    Required:
    Calculate the depreciation provision for the year ending 30 September 20X6.

    December 23, 2021 at 2:36 pm #644741
    mrjonbain
    Moderator
    • Topics: 6
    • Replies: 2487
    • ☆☆☆☆☆

    May I ask where you got this question?

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