Plz tutor solve this for me i have exam tommorow . .Part A ( 1,2 ) PART B PART C PART D PART E

plz solve all this for me i ll be very thank ful to u

Millat Enterprise has recently purchased a welding machine which has a useful life of 5 years at a list price of Rs. 470,000. Sales tax paid on the machine is Rs.47,000. It costed Rs. 10,000 to transport the machine to the factory, and Rs. 23,000 is paid for the installation and set-up. The machine got accidently damaged during transportation and was repaired at a cost of Rs. 15,000. The welding machine has a residual value of Rs.50,000. (Part a - Part g is for Millat Enterprise) a) Calculate the depreciation amounts for the first 3 years and make journal entries recording depreciation for the first year using: 1. Staright-Line Depreciation Method (half-year convention). 2. 150% Declining Balance Method. 3. MACRS 4. Sum-of-the-years digit Method Recovery Year 3-year 5-year 7-year (200% DB) (200% DB) (200% DB) 1 2 3 4 5 33.33 44.45 14.81* 7.41 20.00 32.00 19.20 11.52* 11.52 5.76 14.29 24.49 17.49 12.49 8.93* 8.92 8.93 4.46 7 8 b) Assume that the company decided to sell the welding machine for Rs. 300,000 after 3rd year depreciation has been recorded. Make a journal entry recording the sale under: 1. Straight-Line Method 2. 200% Declining-Balance Method c) Assume that after recording the 3rd year depreciation under 150% Declining-Balance Method, the company trades-in the welding machine with a new one having a price of Rs.600,000. The seller gave a trade-in allowance of Rs. 250,000. Make a general entry to record the transaction. d) Assume that after using the machine for 3 years, the company disposed of the machine at no profit no loss. Make a general entry to record the transaction assuming the company uses sum-of-the-year digit method. e) Assume that after charging depreciation for the first 2 years under Straight Line Depreciation Method(half- year convention). The company revised the estimated useful life from 5 years to 7 years. What is the per year depreciation after the change has been implemented