9706/12 Accounting May Jun 2023 Online Test | Cambridge AS and A Level MCQ
Cambridge
AS & A Level
Accounting (9706)
شهریور
2023
مشاهده نمونه سوال
شامل مباحث:
AS Level
تعداد سوالات: 30
سطح دشواری:
متوسط
شروع:
آزاد
پایان:
آزاد
مدت پاسخگویی:
60 دقیقه
پیش نمایش صفحه اول فایل
Neda Bani A sole trader purchased a machine costing $\$ 30000$ with an estimated residual value of $\$ 5000$. It was expected to have a useful life of five years.
At the end of the fourth year, the machine was sold at a profit of $\$ 200$.
Depreciation is charged using the straight-line method. A full year’s depreciation is charged for each year the asset is owned.
What was the amount of sale proceeds?
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