Accumulated depreciation for two years = 1st year depreciation+2nd year depreciation
= 18,000+18,000
=36,000
Book value of machinery = Cost price-accumulated depreciation
= 100,000-36,000
= 64,000
The Book value of this machine at the end of 2nd year would be $ 64,000. For the upcoming years same process would be applied to calculate the Book value.
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Your writing is clear, expressive, and very pertinent to your subject.
nice post. thanks.