Jeng Limited disposed a fixed asset in 1999 for N2,000. T...
Jeng Limited disposed a fixed asset in 1999 for N2,000. The asset was purchased in 1996 at a cost of N10,000 and has been depreciated at the rate of 20% per annum using the straight line method. What was the book value when the asset was sold?
N8,000
N6,000
N4,000
N2,000
Correct answer is C
No explanation has been provided for this answer.
Use the following information to answer the given question \(\begin{array}{c|c} & DR & CR \\ & N...
To compute gearing ratio, divide? ...
Use the following information to answer the given question. \(\begin{array}{c|c} & & N ...
The following transactions relate to Osei Enterprises for the year ended 31st December 2020. ...
An item of appropriation in partnership profit and loss account is ...
Sales ledger balances 01/06/12------ 9,000 30/06/12------------------------------------30,000 ...
Use the following information to answer the given question \(\begin{array}{c|c} & N \\ \hli...
\(\begin{array}{c|c} & ₦ \\ \hline \text{Balance as per cash book} & 8,000 Cr\\ \text{Unpr...