Question
1- A pharmacy is planning to purchase a second-hand scanning microscope at a cost of BD10,500, and its estimated salvage value is BD500 and a
1- A pharmacy is planning to purchase a second-hand scanning microscope at a cost of BD10,500, and its estimated salvage value is BD500 and a projected useful life of four years. Determine the depreciation for 4th year using DB method and complete the depreciation schedules with depreciation values and book values.
2-A company bought a machine for BD 250,000 which has a useful life of 10 years and can be sold for BD50,000 at the end of its useful life.Determine the depreciation on the 8th year and book value at the end of 8th year using straight line method if interest is 12%.
Prepare the depreciation schedules.
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