A company’s plant and machinery ledger account for the year ended 30 September 2002 was as follows:
Plant and machinery – cost
2001 $ 2002 $
1 October Balance 381,200 1 June Disposal account – cost of asset sold 36,000
1 December Cash – addition 18,000 30 September Balance 363,200
399,200 399,200
The company’s policy is to charge depreciation at 20% per year on the straight line basis, with proportionate
depreciation in years of purchase and sale.
What is the depreciation charge for the year ended 30 September 2002?
A $74,440
B $84,040
C $72,640
D $76,840 D 20% × $345,200 69,040
10/12 × 20% × $18,000 3,000
8/12 × 20% × $36,000 4,800
76,840 | 
发表于 2008-4-13 14:33
|