Ellison & Partners bought machinery for £300,000 on 1 January 1995, and have depreciated it at 10% per annum by the reducing instalment method. What is the depreciation charge for the year ended 31 December 1997? A £21,870 B £24,300 C £27,000 D £30,000
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Ellison & Partners bought machinery for £300,000 on 1 January 1995, and have
it at 10% per annum by the reducing instalment method.
What is the depreciation charge for the year ended 31 December 1997?
A £21,870
B £24,300
C £27,000
D £30,000
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