A bus is bought for £56,000. It will be used for four
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A bus is bought for £56,000. It will be used for four years, and then sold back to the supplier for £18,000.
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A bus is bought for £56,000. It will be used for four years, and then sold back to the supplier for £18,000. Show the depreciation calculations for each year using (a) the reducing balance method with a rate of 25 per cent, (b) the straight line method.
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