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1)
DR
CR
Buildings
467000
Accumulated Depreciation
9500
Buildings to be depreciated using straight line method at
2%
What is the depreciation in the current period?
What is the accumulated depreciation?
What is the current estimated value of
2)
DR
CR
Machinery
467000
Accumulated Depreciation
9500
Buildings to be depreciated using reducing balance method at
5%
What is the depreciation in the current period?
What is the accumulated depreciation?
What is the current estimated value of
3)
DR
CR
Vehicles
43700
Accumulated Depreciation
3200
Buildings to be depreciated using straight line method at
4%
What is the depreciation in the current period?
What is the accumulated depreciation?
What is the current estimated value of
4)
DR
CR
Computers
135000
Accumulated Depreciation
18700
Buildings to be depreciated using reducing balance method at
7%
What is the depreciation in the current period?
What is the accumulated depreciation?
What is the current estimated value of
5)
DR
CR
Premises
760000
Accumulated Depreciation
45000
Buildings to be depreciated using straight line method at
2%
What is the depreciation in the current period?
What is the accumulated depreciation?
What is the current estimated value of
6)
DR
CR
Fixtures
23000
Accumulated Depreciation
2300
Buildings to be depreciated using reducing balance method at
9%
What is the depreciation in the current period?
What is the accumulated depreciation?
What is the current estimated value of
7)
DR
CR
Equipment
45200
Accumulated Depreciation
2600
Buildings to be depreciated using straight line method at
6%
What is the depreciation in the current period?
What is the accumulated depreciation?
What is the current estimated value of
8)
DR
CR
IT Equipment
340600
Accumulated Depreciation
16900
Buildings to be depreciated using reducing balance method at
9%
What is the depreciation in the current period?
What is the accumulated depreciation?
What is the current estimated value of
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