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Discuss the different reasons for depreciation

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A new industrial sewing machine costs in the range of S5000 to SlO 000. Technological change in sewing machines does not occur very quickly, nor is there much change in the functional requirements of a sewing machine. A machine can operate well for many years with proper care and maintenance. Discuss the different reasons for depreciation and which you think would be most appropriate for a sewing machine.

Reference no: EM131356407

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