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Question - The depreciation policy is as follows: Motor vehicles - straight line basis over ten years.
The motor vehicles are used to deliver goods to customers.
Motor vehicles - Cost 1000
Would Depreciation = 1000/10= 100 per year ?
What assumption would you take regarding 'The motor vehicles are used to deliver goods to customers.'? Also how will this effect the depreciation value?
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obama company sells its product for 25 per unit. during 2012 it produced 20000 units and sold 15000 units there was no
The bond period is for 10 years. Show the entry to set up the bond and the entry to record the interest payment using the straightline method.
discussion should include worked examples and citation of the authority, rules and regulation under which those adjustments are made
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