User Account

All Pages

Show the machinery account and depreciation

Assignment Help Finance Basics
Reference no: EM132538578

Startech Ltd. acquired a machine on 1st October 2015 at a cost of Rs.60,00,000. It charges depreciation on straight line method at the rate of 12% every year. The company purchased a new machine worth Rs.15,00,000 on 1st April 2017. Show the Machinery Account and Depreciation Account for the year ending 31st March 2016, 2017 and 2018.

Reference no: EM132538578

Questions Cloud

What do understand by the term audit risk : What do you understand by the term 'Audit Risk' and 'Audit evidence'? How auditors can reduce audit risk, support your answer from annual report of Ooredoo.
Purchased a condo in brossard on montreal : Vince purchased a condo in Brossard on Montreal's South Shore near Dix30 for $550,000. What would be his land transfer tax (taxe de bienvenue)?
Creating text message : Explain what happened with the internet and how that will affect your schoolwork.
Sam is trying to get her personal finances in order : Sam is trying to get her personal finances in order. She does not know how to organize the following information.
Show the machinery account and depreciation : Show the Machinery Account and Depreciation Account for the year ending 31st March 2016, 2017 and 2018.
Find how much microtel total stockholder equity at year-end : Find How much was Microtel's total stockholders' equity at year-end? Microtel began operations at the beginning of 2016 with a $10,000 cash investment
How is the sum of the year digits method derived : Explain the difference between the straight-line method of depreciation and accelerated depreciation. When might each be used?
Find how much did shareholders initially invest in business : The company earned $75,000 during the first year, and distributed $30,000 to shareholders as dividends. How much did shareholders initially invest in business?
How is the sum of the year digits method derived : Explain the difference between the straight-line method of depreciation and accelerated depreciation. When might each be used?

Reviews

Write a Review

Finance Basics Questions & Answers

  Describe the role of valuation in field of financial

explain the role of valuation in the field of financial management? what are several examples of how a company might

  What is the cost of equity for stan

Cost of equity: SML. Stan is expanding his business and will sell common stock for the needed funds. If the current risk-free rate is 6.3%.

  Calculate the firm debt-to-equity ratio

Calculate the firm's debt-to-equity ratio.(Round net income and net sales to the nearest whole dollar, e.g. 25 and round debt to equity ratio to 1 decimal place, e.g. 15.2%.)

  Determine two ways in which knowing ones investment horizon

determine two ways in which knowing ones investment horizon can help with ones investment strategy. provide two

  What are bond ratings and how do they impact bond valuation

what are bond ratings and how do they impact bond valuation?who are the bond ratings agencies and what do the ratings

  Dr massy who specializes in internal medicine wants to

sales mix decision dr. massy who specializes in internal medicine wants to analyze his sales mix to find out how the

  Merger of sprint and t-mobile

Do you think a merger between Sprint and T-Mobile would add value to the shareholders of both corporations? Consider the following issues:

  Nominal rate of return

You purchased a five-year 6% annual coupon bond one year ago for $990. You sold the bond today when the market rate of return is 4.5%. If the inflation rate for the past year was 2.0%, what nominal rate of return did you earn on this investment?

  Recommendations for reducing debt and increasing revenue

What are some recommendations for reducing debt and increasing revenue?

  Invasions of privacy and consumer manipulation

Some consumer groups believe that this information can lead to invasions of privacy and consumer manipulation. What's your take?

  Evaluate the impact interest rates have on bond valuation

Evaluate the impact interest rates have on bond valuation, other economic factors that affect bond prices and rates of return, and evaluate how bond prices affect our current economic growth.

  What are the stages of the working capital cycle

Identify and define two methods to finance accounts receivable.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd