Assignment 3 (10 marks)

Due on Tuesday May 24 2016 FOR ALL SECTIONS in CR 25 at 1100 hrs.

If you complete it before time, you may submit earlier in your respective class.

Q.1 ABC company purchased some important company assets 5 years ago. Now,
after 5 years, these assets are worth Rs 20,000. The assets were initially bought for
Rs 100,000. Given this information, compute the complete depreciation schedules
for the company assets using the following methods:
a)Straight-line method (3 marks)
b)Double Declining Method (3 marks)
c)SOYD method (4 marks)

THERE WILL BE A QUIZ ON DEPRECIATION FOR:

49 D: FRIDAY 20TH MAY
49 B: Mon 23rd MAY
49 C: Tues 24th MAY