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What is the value of the depreciation recorded

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Problem 1: On 9/30/1430, Al-Rasheed Establishment sold a machine whose original cost was 200,000 riyals for 120,000 riyals in cash. It started on 1/1/1429 and was consumed using the straight-line method of 40,000 and the productive secret is 10 years. What is the value of the depreciation recorded on 9/30/1434 to prove consumption to date?

Reference no: EM132744387

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