Acquisition cost of computers - Le 80,000
Installation cost - Le 20,000
Estimated residual value - Le 4,000
Estimated useful life - 5 years.

The total costs of the computers is

Similar Questions

Using the reducing balance method, the depreciation charged for year 2002 was Use the following...

A list of balance extracted from the ledger is known as ...

Opening balance.............N10,640 Purchases.......................N26,912 Returns inwards..........

The expenses incurred in purchasing a vehicle is a ...

Which of the following is among the categories of government cash book? ...

The main classes of shares are ...

The principal book of account where accounts are classified and summarized is ...

Five hundred naira monthly is allowed on an imprest system. The following transactions took place P...

The total share capital which a company would be allowed to issue is known as ...

An examination of the cash book on 3rd August 1993 showed a different balance from the bank statemen...