2. Sunny company buys a bus at Rm150,000. The useful life of the bus is ten years. If the book value at the end of five years is RM90,000, find the scrap value of the bus at the end of ten years using the straight line method. (prepare a depreciation schedule)
2. Sunny company buys a bus at Rm150,000. The useful life of the bus is ten years. If the book value at the end of five years is RM90,000, find the scrap value of the bus at the end of ten years using the straight line method. (prepare a depreciation schedule)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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![2. Sunny comnpany buys a bus at Rm150,000. The useful life of the bus is ten
years. If the book value at the end of five years is RM90,000, find the scrap
value of the bus at the end of ten years using the straight line method. (prepare a
depreciation schedule)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fcb304415-5a99-4de9-bcc1-38bb445a78a5%2F0fc94254-01e9-4a01-99f0-bf5073c7f550%2Fllkndqr_processed.png&w=3840&q=75)
Transcribed Image Text:2. Sunny comnpany buys a bus at Rm150,000. The useful life of the bus is ten
years. If the book value at the end of five years is RM90,000, find the scrap
value of the bus at the end of ten years using the straight line method. (prepare a
depreciation schedule)
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