Jacobs Ltd paid 480,000 on 1 April 2008 to acquire a reputed brand name and decided to
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Jacobs Ltd paid £480,000 on 1 April 2008 to acquire a reputed brand name and decided to amortise the cost using the sum of the years’ digits method estimating five years’ useful life. How much would it write off as amortisation of brand name in the year ended 31 December 2011?
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a £128,000 b £120,000 c £72,000 20 d £64,000
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Related Book For
Financial Accounting An Introduction
ISBN: 9780273737650
2nd Edition
Authors: Mr Barry Elliott, Mr Augustine Benedict
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