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TUTORIAL 3 DEPRECIATION Redtone Sdn Bhd. purchased a machinery for RM20,000 on 5 January 2016. It estimates to use for 5 year. Calculate the depreciation
TUTORIAL 3 DEPRECIATION
- Redtone Sdn Bhd. purchased a machinery for RM20,000 on 5 January 2016. It estimates to use for 5 year. Calculate the depreciation charged using straight line method at 15% depreciation per year. Prepare the relevant table that show the cost, depreciation charged, accumulated depreciation and net book value for the asset.
- Lily Trading purchased a lorry costing RM100,000 on 1 January 2016. The lorry is depreciated at a rate 10% per annum for 4 years. Show the calculation of cost, depreciation charged, accumulated depreciation and net book value for the asset. By using reducing balance method.
- My Interior Bhd. purchased a Computer for RM23,000 on 1 January 2016. It will be kept for four years and then traded in for RM4,000. Show the calculation of cost, depreciation charged, accumulated depreciation and net book value for 2016 until 2019.
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Supply Chain Risk Management Applying Secure Acquisition Principles To Ensure A Trusted Technology Product Internal Audit And IT Audit
Authors: Ken Sigler, Dan Shoemaker, Anne Kohnke
1st Edition
1138197335, 978-1138197336
