The company purchase the plant for OMR 50,000 and paid OMR 5,000 for transportation. The useful...
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The company purchase the plant for OMR 50,000 and paid OMR 5,000 for transportation. The useful life of the plant is 10 years. What will be the cost of plant asset? → (1 Mark) If the cost of a Plant is OMR 100,000 and its useful life is 15 years. Scrap value is estimated to be OMR 10,000. Find the value of depreciation, under straight line balance metho✓ (1 Mark) OMR 6,000 OMR 8,000 OMR 9,000 OMR 7,000 The company purchase the plant for OMR 50,000 and paid OMR 5,000 for transportation. The useful life of the plant is 10 years. What will be the cost of plant asset? → (1 Mark) If the cost of a Plant is OMR 100,000 and its useful life is 15 years. Scrap value is estimated to be OMR 10,000. Find the value of depreciation, under straight line balance metho✓ (1 Mark) OMR 6,000 OMR 8,000 OMR 9,000 OMR 7,000
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Answer rating: 100% (QA)
Answers A Cost of the plant asset is OMR 55000 Explanation Purchase price o... View the full answer
Related Book For
Engineering Economy
ISBN: 978-0132554909
15th edition
Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Posted Date:
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