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JAMB UTME - Principles of Accounts - 2001

Pergunta 1 Relatório

Use the information below to answer question

Palaju Enterprises had fixed assets costing ₦900,000 with provision for depreciation of ₦150,000 were disposed of during the period. Fixed assets of ₦100,000 were added during the year. Provision for depreciation was ₦350,000 at the beginning of the year and ₦300,000 at the end of the year.

The depreciation expenses charged for the year is?