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Help in solving the following questions. JJ traders bought a van in Jan 2003 for Sh 200,000. The policy of the company is to depreciate

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Help in solving the following questions.

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JJ traders bought a van in Jan 2003 for Sh 200,000. The policy of the company is to depreciate motor vehicles at a rate of 25% using straight line method. The motor van was sold in March 2006 at a cash price of Sh 60,000 (full depreciation is charged on the year of acquisition and non on the year of disposal) Show the entries of depreciation expense, accumulated depreciation since 2003 as well as the entries at the time of disposal in 2003.Show the journal entries required to correct the following errors. Entries; narratives must be shown. 1) Ccommissions received shs Sh 44000 had been credited to rent receivable account 2) bank Bank charges shsSh 3850 had been debited to rent account 3) Ccompletely omitted from the books of account is a payment of sundry expenses by cheque shsSh 1150 4) purchase Purchase of fixtures Sh 23700 had been entered in purchases account 5) Rreturn inwards of shs Sh 41650 had been entered on the debit side of the return outwards account 6) aA loan from R. Simiyu shsSh25000 had 25000 had been entered on the credit side of capital account 7) Loan interest shs Sh 2500 had been debited in the premises account 8) Goods taken for own use shs1250had worth Sh 1250 had been debited to purchases account and credited to drawings account.Claims (in (000s) on a particular policy have a distribution with PDF given by: f (x) =2cre er Seven of the last ten claims are given below: 1.05, 3.38, 3.26, 3.22, 2.71, 2.37, 1.85 The three remaining claims were known to be greater than $6,000 (and were passed onto a reinsurer). Find the maximum likelihood estimate of c

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