Question on: WAEC Accounting - 2016
Use the following information to answer this question.
Acquisition cost of computers - Le 80,000
Installation cost - Le 20,000
Estimated residual value - Le 4,000
Estimated useful life - 5 years.
The depreciable value of computers is
A
Le 80,000
B
Le 96,000
C
Le 100,000
D
Le 104,000
Ask EduPadi AI for a detailed answer
Correct Option: B
80,000 + 20,000 = 100,000
100,000 - 4000 = 96,000
Add your answer
Please share this, thanks!
No responses