2. A land property is providing services in uniform manner. On the basis of STRAIGHT LINE METHOD, by SWITCHING FROM DECL
Posted: Sun Jun 05, 2022 4:56 pm
2. A land property is providing services in uniform manner. On the basis of STRAIGHT LINE METHOD, by SWITCHING FROM DECLINING BALANCE DEPRECIATION METHOD (DB), complete the table below. The Initial value of the land is 10000 Riyals. The depreciation rate is 200 % and Depreciation Life of the project is 5 years. Assume the SALVAGE VALUE is zero and it is less than the BOOK VALUE. YEAR (N) DN BN (Book Value) (Depreciation Value) 1 2 3 4 5