Question:

Straight line depreciation A building acquired at the

Last updated: 11/14/2023

Straight line depreciation A building acquired at the

Straight line depreciation A building acquired at the beginning of the year at a cost of 66 600 has an estimated residual value of 2 600 and an estimated useful life of 10 years Determine the following a The depreciable cost b The straight line rate c The annual straight line depreciation