F) Calculate the rate of depreciation and the depreciation to be charged at the end of year, using written down value method? Life of the asset (n) 5 years; Scrap value at the end of 6 years RO 15,000; Original Investment RO 120,000 G) A machinery is bought for RO 70,000 with an estimated useful life of 5 years. The expected scrap value at the end of its useful life is RO 12,000. Required Calculate the WDV Rate. Prepare a Depreciation Schedule for 5 years.
F) Calculate the rate of depreciation and the depreciation to be charged at the end of year, using written down value method? Life of the asset (n) 5 years; Scrap value at the end of 6 years RO 15,000; Original Investment RO 120,000 G) A machinery is bought for RO 70,000 with an estimated useful life of 5 years. The expected scrap value at the end of its useful life is RO 12,000. Required Calculate the WDV Rate. Prepare a Depreciation Schedule for 5 years.
Chapter1: Financial Statements And Business Decisions
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Transcribed Image Text:F) Calculate the rate of depreciation and the depreciation to be charged at the end of
year, using written down value method? Life of the asset (n) 5 years; Scrap value at the
end of 6 years RO 15,000; Original Investment RO 120,000
G) A machinery is bought for RO 70,000 with an estimated useful life of 5 years. The
expected scrap value at the end of its useful life is RO 12,000. Required Calculate the
WDV Rate. Prepare a Depreciation Schedule for 5 years.
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