O-LevelAccountingAccounting procedures7707/11 · May/June 2013 · Q161 Mark

A computer network costing $100000 is depreciated by the straight line method at 25% per annum. What will be the net book value at the end of year 3?

Anil

B$25000

C$50000

D$75000

✓ Correct answer

B: $25000

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Topic: Accounting procedures, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source: O-Level Accounting, May/June 2013 Paper 1 Variant 1, question 16.

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