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Question 41

Multiple Choice

Use the information below to answer the following questions:
Jacques Ltd purchased a computer for $4500 on 1 July 2009. It had an estimated useful life of 3 years. It was depreciated using the straight-line method. The financial year ends on 30 June.
-What was the net book value at 30 June 2011?


A) nil
B) $1500
C) $3000
D) $4500.

Correct Answer:

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