Duckling Ltd purchased and delivery van costing $32 000 net of GST. It is expected to have a residual value of $12 000 at the end of its useful life of 4 years or 200 0000 kilometres. Assume the van was purchased on 2 July 2014 and that the accounting period ends on 30 June. Calculate the depreciation expense for the year 2014?2015 using each of the following depreciation methods: Sum?of?the years digits2. Assume the van was purchased on 1 October 2014 and that the accounting period ends on 30 June. Calculate the depreciation expense for the year 2014?2015 using each of the following depreciation methods: Sum?of?the years digits
ACCY 112-Duckling Ltd purchased and delivery van costing $32 000
