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USE THE SCENARIO BELOW TO ANSWER QUESTION 1-3 Adembe Keep Enterprise quired two motor vehicles conting G11,000 2007. One of the vehicles has a fespan
USE THE SCENARIO BELOW TO ANSWER QUESTION 1-3 Adembe Keep Enterprise quired two motor vehicles conting G11,000 2007. One of the vehicles has a fespan of ten (10) years with a residual value of G the other one has a lifespan of four (4) with a residual value of G000 It's the policy of Ambra Enterprise to depreciate their son month-by-month basis Qing the straight line method, motor vehicle with a lifespan of all the acted deation of th (10) on 31 December 2009 Mark Question 2 Ainge of 20% per annum, calculate the accumulated depreciation of the Mark Question Call the net book value of the firm's vehicle on 31 December 2009 Mark Question What will be the accounting entry when a fmagines a motor vehicle for C4000 out of which GM2,100 was paid by cheque and CH1,900 financed RAPLENCE ART Mark USE THE SCENARIO BELOW TO ANSWER QUESTIONS TO Capital account of Mr. Appiah showed a balance of C5,000 on 11/08 During the year, he withdrew 2,500 cash for personal use. He further introduced 2,000 cash during the year. Low during the year 2008 amounted to GH200 Tolas on 31/12/08 were worth Question Calculate the capital owned by Mr. Appiah at the end of the year 31/12/08 Question Deine the abilities of Mr. Applia USE THE INFORMATION BELOW TO ANSWER QUESTION?-1 Mark (Mark) On 1 January, 2008, a firm's bank statement shows a credit balance was 100 and during the year, it sold goodsworth CH9,000 after deducting 10% cash discount for cheque, che podsworth CH12,000 after discount of % was allowed by the seller. The female paid re of CH2,400 covering 18 months by cheque Question Calculate the soal discount allowed and received an Mark Mark Qui Calculate the Bank balance at the end of the year 31 December, 2008 ( Mark Qiance with the accl concept, how much rest will the Question 11: Which of the following statements are com 2. Sales day book of 3. Purchase day book call credit purchases of goods; 4. Drawings at can be monded in the Ledger 5. A transaction can increase an asset and inability Mark
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