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AnyoneCan anyone hip me with ds question
The following balances have been extracted from Joel's books at 31 December 2003. Machinery at cost $18000; Provision for Depreciation of Machinery $9600.
May 7 Sold machine No.1 for $1500. This machine cost $6000 when purchased in 2000.
June 3 Purchased Machine No.3 which was priced at $10000. Joel paid $7000 and gave machine No.2 in part exchange. Machine No.2 cost $12000 when purchased in 1998.
Joel depreciates his machinery using the straight-line method and the rate of 10% per annum. He provides for a full year's depreciation in the year of purchase, but none in the year of disposal.
Prepare the following accounts to show the transactions on 7 May and 3 June:
(a) Machinery at cost
(b) Provision for Depreciation of Machinery
(c) Machinery Disposal.
I did part (a) but can't to do the rest so plz help me
it's a bit long one though