WAEC - Accounts Principles Of Accounts (2021 - No. 41)

Use the following information to answer this question.
Cost of assets (01/01/18) ₦ 600,000. Annual depreciation charge is 15% on reducing balance basis.

Depreciation for the year 2019 is 

₦180,000
₦166,500
₦90,000
₦76,500

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