Accountancy, asked by Vksehrawat2513, 5 months ago

A private jet is worth rs 12 million and can be depreciated either using a composite useful life or useful lives of its major components . It is expected to be used over a period of seven years . The engine of the jets has a useful life of five years . The private jet,s tires are replaced evry two years. The private jet will be depreciated using the straight line method over.

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Answered by swapnilnagargoje7499
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Explanation:A private jet is worth rs 12 million and can be depreciated either using a composite useful life or useful lives of its major components . It is expected to be used over a period of seven years . The engine of the jets has a useful life of five years . The private jet,s tires are replaced evry two years. The private jet will be depreciated using the straight line method over.

A private jet is worth rs 12 million and can be depreciated either using a composite useful life or useful lives of its major components . It is expected to be used over a period of seven years . The engine of the jets has a useful life of five years . The private jet,s tires are replaced evry two years. The private jet will be depreciated using the straight line method over.

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