The cost of the asset is 60000 and depreciated at 12% p.a. using
the written down method, at the end of three years, it will have a
net book value of -
(a) ` 40888.32 (b) ` 43888.90
(c) ` 45322 (d) ` 40000
Answers
Answered by
2
Answer: cost of the asset = 60000
depreciated by = 12 percent
time = 3 years
net value = asset - depreciation percent
net value = 60000 - 12 percent
60000 - 12/100
= 52800
2nd year = 52800-12/100
= 46424
3rd year = 46424-12/100
40888.32
Explanation: so answer is a
Answered by
0
Answer:
Explain the following Accounting Terms [3]
(a) Current Assets (b) Drawings (c) Deferred Revenue Expenditure
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