A plant which costs N1,000 and has a residual value of N1...
A plant which costs N1,000 and has a residual value of N125 is depreciated at 20% per annum. Using the straight-line method, what is the depreciation charge for the second year?
N128
N140
N160
N175
N200
Correct answer is D
No explanation has been provided for this answer.
What is the main purpose of transaction file? ...
The entry in the partnership books of accounts for interest on drawings is to? ...
The primary concern of shareholders in a business is the ...
Given: Equipment Motor Vehicle Loan Creditors Sub in advance ...
Which of the following errors affects the trial balance? ...
The wages of an office cleaner is classified as ...
The debenture issued at par above the nominal value is said to be issued at a ...
Which of the following should not be adjusted for in the profit and loss account? ...