Start learning →

Depreciation sums

Exercise and reference answers

Questions
  1. Answer
    1000
    Question
    Yearly charge on 10,000 over 10 years, straight line
  2. Answer
    10000
    Question
    Yearly charge on 50,000 over 5 years, straight line
  3. Answer
    2
    Question
    Main methods of charging depreciation
Instructions
Type the number only.

Explanation

_Source: syllabus Accountancy, Ch 7 'Depreciation, Provisions and Reserves'_
Continue learning with Quill →

Browse more AP Intermediate 1st Year questions and exercises →