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Solve depreciation expense and accumulate depreciation

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Reference no: EM132555166

Question 1: An airline company wants to calculate depreciation of an airplane the cost of which is Rs. 1000000. You are required to calculate depreciation expense, accumulate depreciation and book value by using any two depreciation method. Solve the question by preparing appropriate tables.

Note: You have to take assumption for estimated useful life and salvage value.

Reference no: EM132555166

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