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Accumulated depreciation and the book value

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Reference no: EM131069617

A machine that costs £350,000 is estimated to have a life of 5 years and a scrap value of £25,000. Using the equal installment method, prepare a depreciation schedule that shows, for each year, the annual depreciation, the accumulated depreciation and the book value at the end of each year.

Reference no: EM131069617

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