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A company's plant and machinery ledger account for the year ended 30 September 20X2 was as follows:
The company's policy is to charge depreciation at 20% per year on the straight line basis, with proportionate depreciation in years of purchase and disposal. What is the depreciation charge for the year ended 30 September 20X2? A. $74,440 B. $84,040 C. $72,640 D. $76,840 |