If the scrap value is presently ₦15,000 what will be th...
Use the information below to answer this question
A machine bought for ₦35,000 was estimated to have a life span of 5 years with a scrap value of ₦9000.
If the scrap value is presently ₦15,000 what will be the yearly depreciation using straight-line method?
₦7,000
₦11,000
₦4,000
₦24,000
Correct answer is A
No explanation has been provided for this answer.
The class of shares to which payment of dividend depends on profit is ...
A business includes 50% mark-up on all its products. This would mean margin of ...
An analytical cash book is used to ...
An example of input devices of a computer is ...
In trial balance, income and liabilities are ...
The manufacturing account is prepared to ascertain ...
Which of the following is not a capital expenditure to a local government? ...
\(\begin{array}{c|c} & N \\ \hline \text{Debtors (1/1/98)} & 2,000 \\ \text{Debtors (31/12/9...