Question: Part B structured questions 1. Name two depreciation methods and compare them. (6) 2. Define investment / financial assets and give 1 example. (2) 3.
Part B structured questions 1. Name two depreciation methods and compare them. (6) 2. Define investment / financial assets and give 1 example. (2) 3. Distinguish between capital expenditure and revenue expenses. (4) (20) 4. A company bought a new car at 45 000 and the life span of such car is 6 years but the company has decided to use it for four (4) years and sell it after for 5 000. Calculate your depreciation for four (4) years on both the reducing balance method and the straight-line method. (8)
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