



























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



