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Blackboard CO Remaining Time: 1 hour, 53 minutes, 49 seconds. Question Completion Status: On 31 December 2020, Jasmine Co. owned a graphic card which had
Blackboard CO Remaining Time: 1 hour, 53 minutes, 49 seconds. Question Completion Status: On 31 December 2020, Jasmine Co. owned a graphic card which had cost RM228,500. At that date, RM86,500 had been charged in respect of depreciation. Jasmine Co's accounting policy is to charge depreciation on computer equipment at a rate of 25% on a reducing balance basis. What is the depreciation charge to be included in Jasmine Co.'s statement of profit or loss for the year ended 31 December 2021? O RM26,625 O RM56,500 O RM57,125 O RM35,500 G3 QUESTION 11 During the year, Jasmine company made the following accounting entries to account for the increase in the allowance for receivables: Cr trade receivables account RM1,500 Cr provision for doubtful debts RM1,500. What journal entry is required to CORRECT the above accounting entries to increase the doubtful debts for the year? O Dr trade receivables RM1,500, Dr provision for doubtful debts RM1,500, Cr doubtful debts RM1,500, Cr Suspense RM1,500 O Dr doubtful debts RM1,500, Cr trade receivables RM1,500 O Dr doubtful debts RM1,500, Dr trade receivables RM1,500, Cr provision for doubtful debts RM1,500, Cr Suspense RM1,500 O Dr doubtful debts RM1,500, Dr trade receivables RM1,500; Cr Suspense RM3,000 QUESTION 12 Jasmine Sdn. Bhd applies the same policy to its foxed assets over years. Which accounting principle does this apply? O Accruals O Comparability Business entity Click Save and Submit to save and submit. Click Save All Annvers to save all anners DELL F5 F6 F7 F8 F9 F10 F11 F12 PrtScr Insert
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