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Posted: **Tue Nov 16, 2021 8:55 am**

: 2 Abc Pvt Ltd Has Purchased An Equipment Worth 200 000 With A Residual Value Of 20 000 Its Useful Life Is 5 Years U 1 (31.6 KiB) Viewed 107 times

2. ABC Pvt.Ltd has purchased an equipment worth $200,000 with a residual value of $20,000. Its useful life is 5 years. Use the double declining balance depreciation method and calculate the depreciation expense for each year(Show the depreciation table, 10 points).