Q1/The cost of a vehicle at the time of purchasing is (80,000)$, its expected useful life is (10) years , the selvage value is (10,000) $, determine the following -the depreciation value at the end of...


Q1/The cost of a vehicle at the time of purchasing is<br>(80,000)$, its expected useful life is (10) years , the<br>selvage value is (10,000) $, determine the following<br>-the depreciation value at the end of ( 9th )year using decline<br>balance method.<br>-the book value at the end of (6th) year using straight line<br>method.<br>-total depreciation for (7) years using sum of years digits<br>method.<br>-the book value at the end of (4th ) year using sum of year<br>digits method.<br>-If the vehicle sold after (5) years with 40,000 $, was it sold<br>with profit? Use decline balance method.<br>-depreciation at the end of (5th) year using straight line<br>method.<br>

Extracted text: Q1/The cost of a vehicle at the time of purchasing is (80,000)$, its expected useful life is (10) years , the selvage value is (10,000) $, determine the following -the depreciation value at the end of ( 9th )year using decline balance method. -the book value at the end of (6th) year using straight line method. -total depreciation for (7) years using sum of years digits method. -the book value at the end of (4th ) year using sum of year digits method. -If the vehicle sold after (5) years with 40,000 $, was it sold with profit? Use decline balance method. -depreciation at the end of (5th) year using straight line method.

Jun 02, 2022
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