Q1-

On your own words, describe the methods that companies can implement to depreciate plant assets. (2 Marks).

Q2-

Give a numerical example of:

1. Current liabilities.
2. Long-term liabilities (2 marks).

Q3.

What are the characteristics of corporations (1 mark

please write it in words,not hand writing

Hi everyone, I would like to clarify that in order to receive a full mark on question 2, assignment 3. you are going to provide a numerical example so you need to create your own example with your own numbers and you have to provide me with the solution by recording the right entry one example for Current liabilities, and another for Long-term liabilities