The cost of a vehicle at the time of purchasing is (80,000)S, its expected useful life...
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The cost of a vehicle at the time of purchasing is (80,000)S, its expected useful life is (10) years , the selvage value is (10,000) $, determine the following 1- the depreciation value at the end of ( 9th )year using decline balance method. 2- the book value at the end of (6th) year using straight line method. 3- total depreciation for (7) years using sum of years digits method. 4- the book value at the end of (4th ) year using sum of year digits method. 5- If the vehicle sold after (5) years with 40,000 $, was it sold with profit? Use decline balance method. 6- depreciation at the end of (5th) year using straight line method. The cost of a vehicle at the time of purchasing is (80,000)S, its expected useful life is (10) years , the selvage value is (10,000) $, determine the following 1- the depreciation value at the end of ( 9th )year using decline balance method. 2- the book value at the end of (6th) year using straight line method. 3- total depreciation for (7) years using sum of years digits method. 4- the book value at the end of (4th ) year using sum of year digits method. 5- If the vehicle sold after (5) years with 40,000 $, was it sold with profit? Use decline balance method. 6- depreciation at the end of (5th) year using straight line method.
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