econstruction campaign at an amount of (800) hillion Iraqi dinars, and the period of its use is estimated (8) years. If the recoverable v 200) million dinars. Find using the fixed ratio method. 1) Extinction in the third year 2) The cumulative extinction at the end of the fifth year. 3) Book value at the end of the fifth year 4) The book value at the end of the useful life (the period of use).

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Q1//The University of Anbar has purchased equipment for the purposes of the
reconstruction campaign at an amount of (800)
million Iraqi dinars, and the period of its use is estimated (8) years. If the recoverable value is
(200) million dinars. Find using the fixed ratio method.
1) Extinction in the third year
2) The cumulative extinction at the end of the fifth year.
3) Book value at the end of the fifth year
4) The book value at the end of the useful life (the period of use).
5) A statement of what the book value in (4) above means in comparison with the
recovered value.
Q2 // Same question, but no refund. And compare the results of the
two questions?
Please I want to solve the second question
Transcribed Image Text:Q1//The University of Anbar has purchased equipment for the purposes of the reconstruction campaign at an amount of (800) million Iraqi dinars, and the period of its use is estimated (8) years. If the recoverable value is (200) million dinars. Find using the fixed ratio method. 1) Extinction in the third year 2) The cumulative extinction at the end of the fifth year. 3) Book value at the end of the fifth year 4) The book value at the end of the useful life (the period of use). 5) A statement of what the book value in (4) above means in comparison with the recovered value. Q2 // Same question, but no refund. And compare the results of the two questions? Please I want to solve the second question
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