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What the depreciation expense recognised for the year

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Question - A plant asset was purchased on 1st January 20X6 for $30,000 with an estimated residual value of $6,000 at the end of its useful life. The depreciation rate is 20% under the reducing balance method. The financial year ends at 30 June. What the depreciation expense recognised for the year 20X8?

Reference no: EM133015033

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