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What is the total accumulated depreciation on December

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Question - In August 31, 2019, CAMELLIA Company purchased a new machinery for 540,000. The machinery has an estimated useful life of 5 years and depreciation is computed using the SYD method. Estimated salvage value of the machine is 60,000. What is the total accumulated depreciation on December 31, 2020? Solutions must be presented in good accounting form.

Reference no: EM132945554

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