Thai Sikh International School
E-Learning Programme – Online
Assignment – 16/09/2014
Name
: Subject :Accounting
Year : 10A/B Schedule No. : 2
1.
Ashok Limited is planning to buy a
computer system costing $ 5000 for use in its business.
It estimates the computer system will have a useful life of three years
and will have a scrap value of $ 800 after that time
The company decides it will depreciate the computer system on the
reducing balance method at the rate of 20 % per annum.
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