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. Question #02 Shazz Juices (pvt) Ltd purchased a plant on 16 May 2020 Rs 1500,000, its estimated scrap value Rs. 50,000, Estimated Life 10
. Question #02 Shazz Juices (pvt) Ltd purchased a plant on 16 May 2020 Rs 1500,000, its estimated scrap value Rs. 50,000, Estimated Life 10 years. Note: The company's policy will change after two years. Now they will use the new policy. Requirements. 1) Calculate 5 years annual deprecation 1.1) Use Straight Line Method. Use Declining Double Declining Method. 2) Pass adjustment entries each year. 3) Prepare Partial Balance sheet on dated 31" Dec 2023. 4) Draw result of Straight Line Method on Graphic. 1.2)
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