Annual depreciation is 50000 fixed asset cost 200000 salvage value 50000

- Newsfeed
- Find People
- More
- - Products By Bayt.com
    
    Bayt.com
    
    Shagheel
    
    Specialities
    
    Learning
    
    Companies
    
    Salaries
    
    People
    
    Blog
    
    Podcasts
- - العربية
- Use Our Mobile App
  
  Get contacted by recruiters directly with our newest chat feature!
  
  Download Now

Start networking and exchanging professional insights

Register now or log in to join your professional community.

Next Question:
The amortization of fixed assets cost call:
Posted by:
Ahmed kandil
05-April-2015

Depreciation period is A-2 B-3 C-4 D-5

Accounting Cost Accounting Financial Accounting CMA Costing

Question added by Ahmed kandil , Cost Controller , Battour Holding Cpompany
Date Posted: 2015/04/28

Upvote (0) Views (3) Followers (4) Answers (4) Report Question

Write an Answer
Register now or log in to answer.

4 Answers

Muhammad Ramzan Tufail ACCA

by Muhammad Ramzan Tufail ACCA , Assistant Finance Manager , Eltizam Asset Management Group

(B) is the Correct Ans.

3 Years

Upvote (2)

Downvote Reply () Report

by Deleted user

Answer is3 years useful life. B)

200000 less salvage value =150000

150000 divide by50000 annual depreciation is3 years.

Upvote (2)

Downvote Reply () Report

Md. Moshiur Rahman Sumon

by Md. Moshiur Rahman Sumon , Assistant General Manager( Corporate Finance & Head of Internal Audit) , Progressive Life Insurance Company Limited

Depreciation period is B-3 right answer

Upvote (1)

Downvote Reply () Report

by Ahmed kandil , Cost Controller , Battour Holding Cpompany

correct answer is ( B) .........................

Upvote (1)

Downvote Reply () Report

Popular Searches

Engineers Jobs Sales Executive Jobs Accountant Jobs Software Engineer Jobs Engineering Technicians Jobs

Write Your Answer

More Questions Like This

When a corporation uses - sum of the years digits method - for its fixed assets depreciation:
Top Answer: The sum of years digits formula for depreciation is n(n+1)/2, where n stands for useful life of years. He ... See More

Answers (5)
A depreciable asset has an estimated 15% salvage value. Under which of the following methods, properly applied?
Top Answer: the accumulated depreciation will not equal original cost at the end of the asset's estimated useful l ... See More

Answers (4)
What is the difference between salvage value and scrap value?
Top Answer: <span><span><em>Residual value</em><span>, </span><em>salvage v ... See More

Answers (13)
There was a question about land depreciation as a fixed asset I called to answer it
Top Answer: Land and buildings have to be treated differently as far as depreciation is concerned. Practically, the l ... See More

Answers (12)