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10 questions from this quiz
Track fixed assets over time
Cost−Accum Depr=Carry Val\text{Cost} - \text{Accum Depr} = \text{Carry Val}Cost−Accum Depr=Carry Val
Fixed % of original cost price yearly
% of current carrying value yearly
Straight line stays constant, diminishing decreases
Assets can't be depreciated below R1
No further depreciation is allowed
R39,999
When asset is close to but not at R1
R16,000
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