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Q 1/10
Score 0
Al Raja Company purchased a new machine at BD 35000. The company paid BD 1500 for shipping and taxing, and BD 500 for installation and also paid BD 1000 for advertising. What is the acquisition cost of machine?
30
BD 36500
BD 37500
BD 38000
BD 37000
Q 2/10
Score 0
ABC Company acquire a truck at BD 20000. The truck expected to have salvage value of BD 5000 at the end of 5 year useful life. How much is the Depreciation Base?
30
BD 5000
BD 25000
BD 15000
BD 3000
10 questions
Q.
Al Raja Company purchased a new machine at BD 35000. The company paid BD 1500 for shipping and taxing, and BD 500 for installation and also paid BD 1000 for advertising. What is the acquisition cost of machine?
1
30 sec
Q.
ABC Company acquire a truck at BD 20000. The truck expected to have salvage value of BD 5000 at the end of 5 year useful life. How much is the Depreciation Base?
2
30 sec
Q.
A equipment was bought on Jan1, 2007 at a total cost of BD 40000. The estimated scrape value is BD8000 and useful life is 4 years. What is the amount of Accumulated Depreciation at Dec31, 2009?
3
30 sec
Q.
Al Naser Company bought a motor van at March1,2008 at a cost of BD15000, at Jan1, 2010 the company decides to sell the van. At what price the Company should sell the van?
4
30 sec
Q.
The adjusting entry at the end of any year is...?
5
30 sec
Q.
What is Acquisition cost?
6
30 sec
Q.
Depreciation base is = ..............
7
30 sec
Q.
(Acquisition cost- salvage value)/useful life is the equation of.........?
