1 A photocopier costs £23,000. It will be kept for four years, and then traded-in for £4,000. Show the calculations of the figures for depreciation for each year using ( a ) the straight line method,...

1

A photocopier costs £23,000. It will be kept for four years, and then traded-in for £4,000.

Show the calculations of the figures for depreciation for each year using (a) the straight line

method, (b) the reducing balance method, for this method using a depreciation rate of 35 per cent.

2

A printer costs £800. It will be kept for five years and then scrapped. Show your calculations

of the amount of depreciation each year if (a) the reducing balance method at a rate of

60 per cent was used, (b) the straight line method was used.