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CalculationBeginnerPublished

Question · Prospective recognition of a change in estimate

At 1 January 2025, a van of Jilvane has a carrying amount of 60,000; its remaining useful life is revised to 4 years, with no residual value. What is the annual straight-line depreciation from 2025?

Carrying amount at 1 January 2025
60,000
Remaining useful life
4
Your answer

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