en A company purchased a machinery that costs RO 100,000, heavy equipment truck that cost RO 150,000 and concrete ready mixer that costs RO 80,000. All those assets will be used for ten years. Assume that the company use straight line method for charging depreciation for machinery and heavy equipment truck and using written down value method for concrete ready mixer. The rate of depreciation for machinery and heavy equipment truck @ 10% and for concrete ready mixer @ 12%. Compute the depreciation and book value and solve the following MCQs. en A company purchased a machinery that costs RO 100,000, heavy equipment truck that cost RO 150,000 and concrete ready mixer that costs RO 80,000. All those assets will be used for ten years. Assume that the company use straight line method for charging depreciation for machinery and heavy equipment truck and using written down value method for concrete ready mixer. The rate of depreciation for machinery and heavy equipment truck @ 10% and for concrete ready mixer @ 12%. Compute the depreciation and book value and solve the following MCQs