A property was purchased on 1 April 2 0 1 0 for P 1 6 0 ,

Fantastic news! We've Found the answer you've been seeking!

Question:

A property was purchased on $1$ April $2010$ for P $160, 000 .$ Depreciation policy is to depreciate properties over a period of $40$ years. On $1$ April $2012$ the property was revalued to P $200, 000 .$

What is the depreciation charge for the year ended $31$ March $2013 ?$

Related Book For answer-question

Frank Woods Business Accounting An Introduction To Financial Accounting

ISBN: 9781292365435

15th Edition

Authors: Alan Sangster, Lewis Gordon, Frank Wood

See More Books

Posted Date: Apr 24, 2024 01:57 PM

See More Questions

A woman walks 58.5m east, then another 20m east. calculate her displacement relative to where she started.
Old Office Building Karas Investments owns a small office building in Windhoek, from which the company operates. The Windhoek office was purchased on 1 March 2019. Karas Investments decided to move...
Given below is the trial balance of Fern Bhd as at 31 December 2021: revenue 4724000 cost of sales 3388800 Inventory 31/12/2021 168000 admin expense 366400 rental income from investment property...
In Exercises 6780, begin by graphing the square root function, f(x) = x. Then use transformations of this graph to graph the given function. h(x) = x + 1 1 Vx+1-1
Discuss how tracking studies might be tied into the hierarchy-of-effects models.
Jorge opened 24 cans of tennis balls. Each can had 3 tennis balls in it. Jorge filled as many baskets as he could by putting 7 tennis balls in each basket. After filling as many baskets as he could,...
The pie chart at the left shows the responses of a sample of 352 small-business owners who were asked whether their business has a website. Find the mean, the median, and the mode of the data, if...
The adjusted trial balance columns of the worksheet for Porter Company are as follows. Instructions (a) Complete the worksheet by extending the balances to the financial statement columns. (b)...
Two sides of a triangle have lengths 8 m and 14 m. The angle between them is increasing at a rate of 0.03radians/min. How fast is the length of the third side increasing when the angle between the...
Calculate a) |1+2i/-1-2i = b) (1+i)(2-3i)(1-1) = -----> (1+i) is a conjugate c) i(2+41)^3/(1-41)^2 = d) (x+1)^100/(x-1)^100 =
What were the roots of the economic crisis faced by the farmers of Massachusetts leading to Shay's Rebellion? Responses high taxes that were difficult to pay due to unstable and insufficient currency...
Assume that the following code segment is run on a MIPS processor with hazard detection and forwarding, in order, 5 stages pipeline (F (instruction fetch), D (instruction decode), E (execute), M...
Should we abolish the minimum wage altogether and let market forces of supply and demand determine equilibrium wages for workers, or should we keep the federal minimum wage at its current levels and...
3 2 1 0 4321 3 50482 6548 3 For the following Matrix, find its rank, a basis for its image, orthonormal basis for ker (A). A =
Find the domain of the function. f(x)=7x+8 The domain is (Type your answer in interval notation.)
Read the case study Jack Links Beef Jerky going hip and healthy and write an assignment about it including question: What learning approaches and principles are being used by Jack Links on their web...
Solve each problem. Find the coordinates of the points of intersection of the line y = 2 and the circle with center at (4, 5) and radius 4.
Frieda Wannamaker is a taxable investor who is currently in the 28% income-tax bracket. She is considering purchasing a tax-exempt bond with a yield of 3.75%. The taxable equivalent yield on this...
Holding constant all other variables and excluding any interactions among the determinants of value, which of the following would most likely increase a firms price-to-earnings multiple? a. The risk...
Technical analysis looks at the demand and supply for securities based on trading volumes and price studies. Charting is a common method used to identify and project price trends in a security. A...

A property was purchased on 1 April 2 0 1 0 for P 1 6 0 ,

Question:

Expert Answer:

To calculate the depreciation charge for the year ended 31 March ... View the full answer

Frank Woods Business Accounting An Introduction To Financial Accounting

Students also viewed these accounting questions