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on 202 Accounting for Non-Current Assets On the May 1 2018, IZR Co. purchases used vehicle valued RM5,300. The useful life of the vehicle is
on 202 Accounting for Non-Current Assets On the May 1" 2018, IZR Co. purchases used vehicle valued RM5,300. The useful life of the vehicle is 2 years and residual value RM500. Accounting period ended December 31* every year. Pada 1 Mei 2018. Syarikat IZR membeli kenderaan terpakai bernilai RM5,300. Usia guna kenderaan itu ialah 2 tahun dan nilai sisa RM500. Tempoh perakaunan berakhir pada 31 Disember setiap tahun. INSTRUCTIONS: Prepare Depreciation schedule for 2018, 2019 and 2020 using the following method (monthly basis applied): Sediakan jadual susutnilai pada 2018, 2019 dan 2020 menggunakan kaedah berikut (menggunakan asas bulanan) a. Straight line method Kaedah Garis Lurus b. Reducing balance method (40%) Kaedah baki berkurangan (40%)
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