Acquisition cost of computers - Le 80,000
Installation cost - Le 20,000
Estimated residual value - Le 4,000
Estimated useful life - 5 years.

The total costs of the computers is

Similar Questions

Which of the following is credited to the consolidated revenue fund? ...

Given: Fixed assets Liabilities Current assets ₦ 55,000 20...

Umana Ltd. issued 200,000 shares at N1 each out of its Authorized Share capital of N300,000 at N1 ea...

Petty cash book records transactions on ...

On dissolution, the final distribution of cash to partners is based on? ...

Receipt and payments: 31st December 2016 Cash at bank------460        Ne...

The name given to a budget in public service accounting is ...

The following represent extracts from the trading account of a retail outlet for a given month: Ope...

When a new partner is admitted to a partnership, there is a need to revalue the?   ...

Given: I. It records subscription in arrears  II. Payments of liabilities is effected ...