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Unam acquired the following assets. Financial Year: 31 December 2019.
1. Motor vehicle N$ 100 000 acquired on 30 June 2015
Custom clearance cost N$ 8 500
Transport cost from Walvis Bay to Windhoek N$ 10 000
Vehicle registration cost N$ 1 500
Depreciation: 4 years' straight line Scrap value N$ 2 000
2. Furniture and Fittings N$ 150 000 acquired on 01 January 2015 Depreciation: 20% diminishing balance N$ 49 152 residual value
Problem a) Calculate depreciation each year for both assets? Show each year depreciation expense and accumulated depreciation
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Crane Company uses a periodic inventory system. Compute the April 30 inventory and the April cost of goods sold using the LIFO method
Alabama Construction
Russell Ltd acquired all the assets and liabilities of Davies Ltd on 1 July 2018. Using excel prepare the acquisition analysis
Prepare differential analysis to show whether the corporation should drop the B product line. Should the B product line be dropped?
A telephone-order sales company must determine how many telephone operators are needed to staff the phones during the 9-to-5 shift. It is estimated that an average of 480 calls are received during this time period and that the average call lasts f..
Drive a statement of cash flows, using the indirect method of presenting cash flows from operating activities.
Use software to find these probabilities for a standard normal random variable Z. Be sure to draw a picture to check your calculations.
when a credit customer returns merchandise to the seller under a perpetual inventory system the seller would debit
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