Question
ABC ltd a factory machine at sh 10, 000, 000 including the purcgase price and all other capitalisable costs like installation, freight, taxes , commisions
ABC ltd a factory machine at sh 10, 000, 000 including the purcgase price and all other capitalisable costs like installation, freight, taxes , commisions and browsing costs.The most conservative estimates indicates that the plant facility would be useful for 5 years a time over which it is equivalent to 100, 000, 000. At the end of the useful life, it is expectex to have a salvage value of 2000, 000 after considering all incidental costs of disposal.
Prepare depreciation schedules based on as many methods as you can assume that the output from the machine was 25m, 15m, 20m, 30m and 10m for 1, 2, 3, 4, , 5 respectively
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