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DU Business Studies Unit (Ga Unit) Practice Questions - University Of Dhaka Business Studies Unit Admission Test (DU Ga C Unit) Exam

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A delivery van was purchased for 550,000 BDT with an estimated useful life of 5 years and an estimated residual (salvage) value of 50,000 BDT. Using the straight-line depreciation method, what is the annual depreciation expense?
Correct Answer:
100,000 BDT

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