Alisa Trading owns machinery that costs MYR 80,000. It is the policy of the business to charge depreciation over its useful life of 5 years. At the end of its useful life, it is estimated that its residual value is MYR 4,000. What is the depreciation charge during the year? Select one: a. MYR 15,000 b. MYR 16,000 c. MYR 15,200 d. MYR 1,266.67
Alisa Trading owns machinery that costs MYR 80,000. It is the policy of the business to charge depreciation over its useful life of 5 years. At the end of its useful life, it is estimated that its residual value is MYR 4,000. What is the depreciation charge during the year? Select one: a. MYR 15,000 b. MYR 16,000 c. MYR 15,200 d. MYR 1,266.67
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter11: Depreciation, Depletion, Impairment, And Disposal
Section: Chapter Questions
Problem 4RE: Utica Machinery Company purchases an asset for 1,200,000. After the machine has been used for 25,000...
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Alisa Trading owns machinery that costs MYR 80,000. It is the policy of the business to charge
Select one:
a. MYR 15,000
b. MYR 16,000
c. MYR 15,200
d. MYR 1,266.67
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