Which method of depreciation uses the formula = (cost - total depreciation) * %

Using straight line method, calcuate the depreciation per annum if the company buys a vehicle for £15,000, keeps it 5 years, and sells for £5,000.

Annual calculation of depreciation is shown in which final account

The total depreciation calculated to date is shown in which final account

The depreciation calculations are recorded in which ledger account

Using the reducing balance method, calcuate depreciation for year 4. The annual rate is 10%. The asset cost £20,000.

The net book value of the companies vehicles is £15,000. The current market value of the vehicles is £12,500. How much is this year's depreciation?

The headings added to the balance sheet for fixed assets are:

Which reason for depreciation is untrue?

Which SSAP covers depreciation?

Teachers: Create FREE classroom games with your questions Click for more info!
©2007-2024 Review Game Zone | About | Privacy | Contact | Terms | Site Map