Wilson Limited applied the straight-line method of depreciation to its non-current assets.The cost of the buildings was $640 000 the depreciable amount is $560 000 the residual value is $40 000 and the useful life is 8 years.The annual depreciation charge is:

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The Answer of Wilson Limited applied the straight-line method of depreciation to its non-current assets.The cost of the buildings was $640 000 the depreciable amount is $560 000 the residual value is $40 000 and the useful life is 8 years.The annual depreciation charge is:

Wilson Limited Applied the Straight-Line Method of Depreciation to Its