6) An asset was bought for OMR.12,000. Its accumulated depreciation is OMR.7,700 and the rate of depreciation is 20%. What is the amount of depreciation charge for the current accounting period using...


6) An asset was bought for OMR.12,000. Its accumulated depreciation is OMR.7,700 and the rate of depreciation is 20%. What is the amount of depreciation charge for the current accounting period using reducing balance method?


A) OMR.1540


B) OMR.940


C) OMR. 2400


D) OMR.860



Jun 10, 2022
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