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Prepare a depreciation schedule to june

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Reference no: EM132950163

A motor vehicle was purchased on 31 March 2016 for $42,000 plus GST. It has an expected useful life of 5 years and is being depreciated using the straight-line method to a residual value of $10,000 plus GST.

Assuming balance day is 30 June

Problem a) Prepare a depreciation schedule to 30 June 2018.

Reference no: EM132950163

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