Asked by Regina
A machine was purchased with money borrowed from the bank at a cost of k50000.00 which is expected to last for 6 years and depreciated at 12.5% per 6,the depreciated value and the accumulated interest for year two (2)year (6) .The first calculation has been done for you. Year 1book value is k43,750 and the depreciated value is k6250 and the accumulated deprecation k6250