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Teaching Accountancy Accounting for Specific Business and Transactions Question Bank MCQ - Accounting for Specific Business and Transactions

  • question_answer
    The WDV of an asset after three years of depreciation on the reducing balance method @ 15% per annum is ` 49130. What was its original value?

    A)  ` 40000                                   

    B)  ` 80000

    C)  ` 45000                                   

    D)  ` 70250

    Correct Answer: B

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