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Use the information below to answer the following questions.
Alby Ltd purchased a machine for $32,000 on 1 January 2010. The machine was expected to have a useful life of 4 years. The financial year ends on 31 December. The straight-line method of depreciation is employed.
-What was the balance of the accumulated depreciation account at 31 December 2011?
Overcompensating
Making up for a deficiency or failure in one area by exerting extra effort or demonstrating excessive behavior in another area.
Social Cognitive Theory
A theory suggesting that people learn through observation, imitation, and modeling, incorporating the effects of behavior, environment, and cognition.
Analytical Theory
A framework or model that uses analysis to explain phenomena or solve problems.
Person-Centred Theory
A psychological approach that emphasizes the importance of the individual's own perspective and innate self-healing process.
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