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Briefly explain to Elena Ltd why the following will be added back or deducted from the cash flow statement using the indirect method: ⦁ Depreciation

Posted by:David Posted on:Oct 28,2021

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Cash Flow Statement Question 2a Using the following information from Elena Ltd, you are required to prepare a statement of cash flow for the year
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On January 1, a machine with a useful life of five years and a salvage value of $20000 was purchased for $160000. What is the depreciation expense for year 2 under straight-line depreciation?

Posted by:Brian Posted on:Dec 7,2020

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1, On January 1, a machine with a useful life of five years and a salvage value of $20000 was purchased for $160000. What is the depreciation
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