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Use the following information to answer this question. Cost of assets (01/01/18)₦ ...

Use the following information to answer this question.
Cost of assets (01/01/18) ₦ 600,000. Annual depreciation charge is 15% on reducing balance basis.

Depreciation for the year 2019 is
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  • A ₦180,000
  • B ₦166,500
  • C ₦90,000
  • D ₦76,500
Correct Answer: Option D
Explanation:

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