NG Ltd purchased a sprinkler system on 1 January,the start of Year 1. $$\begin{array} { l c }
\text { Cost (net of GST) } & \$ 6500 \
\text { Residual } & \$ 1500 \
\text { Estimated Useful Life } & 5 \text { years }
\end{array}$$ Under the straight-line method depreciation expense for year 2 will be:

Question

NG Ltd purchased a sprinkler system on 1 January,the start of Year 1. $$\begin{array} { l c } 
\text { Cost (net of GST) } & \$ 6500 \
\text { Residual } & \$ 1500 \
\text { Estimated Useful Life } & 5 \text { years }
\end{array}$$ Under the straight-line method depreciation expense for year 2 will be:

Quizplus · Accepted Answer

The Answer of NG Ltd purchased a sprinkler system on 1 January,the start of Year 1. $$\begin{array} { l c } 
\text { Cost (net of GST) } & \$ 6500 \
\text { Residual } & \$ 1500 \
\text { Estimated Useful Life } & 5 \text { years }
\end{array}$$ Under the straight-line method depreciation expense for year 2 will be:

NG Ltd Purchased a Sprinkler System on 1 January,the Start