1.an Asset costs $ 10,000 and has a net book value of $ 100, and an estimated

1.an Asset costs $ 10,000 and has a net book value of $ 100,
and an estimated life of ten (10) years, what would be the
annual depreciation using the straight line method?

Question Posted / mohd shakeel

1 Answers
2597 Views
I also Faced
E-Mail Answers

1.an Asset costs $ 10,000 and has a net book value of $ 100, and an estimated life of ten (10) yea..

Answer / prasanth

SLM basis 10000/10= 100N Would be the depreciation

Is This Answer Correct ?

0 Yes

0 No

Post New Answer

More Accounting General Interview Questions

Cost Accounting

0 Answers Chartered Accountant,

BANK

2 Answers Bank Of America,

Differentiate accounting and auditing?

0 Answers

Journal entry for interest received

5 Answers Atkins, CP,

what is the entry for toll gate fee

0 Answers Finance, MMM,

how will you handle fairs in askening with the a high posistion person in a company? how will i develop my attitude when interviewed? am always scared.

0 Answers

How to make payment for single invoice and multiple invoices

0 Answers Accenture,

How to adjust bank charges in bank od a/c?

0 Answers

.........method of stock valuation considered the purchase price of stock which intered the godown last. 1)fifo 2)lifo 3)weight average 4)all the above methoed chose the correct answer?

1 Answers

I have two godown in Delhi.i want transfer of goods from one to another what documents are required

1 Answers

for an employee in receipt of hostel allowance for his three children,the maximum annual allowance exempt u/s 10 (14) is

1 Answers

What do you mean by share

7 Answers Thomson Reuters,

For more Accounting General Interview Questions Click Here