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

Manufacturing costs can be classified based on ...

The first step in converting as single entry to a double entry system of bookkeeping is to prepare a...

Given: Additional capital Capital Closing capital Net profit ₦...

Where there is provision for depreciation, fixed asset is shown in the balance sheet at i. c...

An asset was bought on 1st January, 1995 for N60,000. Depreciation was provided for annually at 20% ...

When a business incurs labour cost in installing a fixed asset, the cost is treated as ...

  Use the following information to answer the question given \(\begin{array}{c|c} \text...

The following information were extracted from the books of Miliki state Sinking ...

Use the following information to answer the given question. John and Johnson are in partnership, sh...

Which of the following is a debit item in the purchases ledger control account? ...