Question: Q1. Compare the different deprociation methods. Give an example of how companies depreciate theif plant assets under each method. (Markss) Q2. Why is it important

 Q1. Compare the different deprociation methods. Give an example of how

Q1. Compare the different deprociation methods. Give an example of how companies depreciate theif plant assets under each method. (Markss) Q2. Why is it important for companies to implement good intemal control? What are the principles of internal control? Explain your answer. (Marks) Q3. A company wants to use the allowance method to account for bad debts. You are assigned to explain to the company the different ways it can use to estimate bad debts. (Marks5)

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