Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

a two years - old asset has deprecialble life of 10 years its initial purchase cost was 450000 and ist depreciated by 10 precent annually

a two years - old asset has deprecialble life of 10 years its initial purchase cost was 450000 and ist depreciated by 10 precent annually , what is the remaining depreciable value ot the asset

a) 0

b)90,000

c)200,000

d)360,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Principles Of Cost Accounting

Authors: Edward J. Vanderbeck

14th Edition

0324374178, 978-0324374179

More Books

Students also viewed these Accounting questions

Question

25.0 m C B A 52.0 m 65.0 m

Answered: 1 week ago