Which is the correct formula for depreciation cost/depreciation base using straight-line method?
2
60 sec
Q.
Which is the correct formula to find the depreciation rate using double declining method?
3
60 sec
Q.
On January 1 2018, Hassan Company purchased a new truck at cost BD120,000. It has estimated salvage value for BD5,000 at the end of useful life 4 years and total units of production is 200,000 units. The machines is expected to be used, 80,000 โ 60,000 โ 40,000 โ 20,000 in 4 years of useful life. Find the cost per unit using units of activity method.
4
120 sec
Q.
On Jan 1 2017, A motor vehicle costs BD 8,000. It will be kept for 4 years useful life, and then sold for a scrap value for BD 1,000and used double declining rate 40%. Find the depreciation expense using double declining method for the first year.
5
120 sec
Q.
On August 30,2020 , Abdulla Company bought a new machine at cost for BD90,000 and it has a shipping cost of BD 1,500 . It estimated a salvage value of BD3,000 at the end of useful life 4 years. Find the accumulated depreciation using straight-line method for the first year.
