Accounting for Changes in Useful life and Residual Value

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Accounting for Changes in Useful life and Residual Value
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in the question its sadi that residual value was changes at the end of secnd year. but u have taken the consideration of starting of scnd year

ganeshkrishnan
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Thanks man you really help me understand how depreciation works more blessings to come. 😄

marcneil
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Thank you for explaining it so clear sir!

rowendafortgutierrez
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How about if the the new useful life is shortened to 4 years?

gibsonchari