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-   -   Adjusting entry depreciation (https://www.askmehelpdesk.com/showthread.php?t=690651)

  • Aug 5, 2012, 04:40 AM
    shannongirl1
    adjusting entry depreciation
    Accounting Help ( Depreciation)?
    Buildings (cost) 200 000
    Plant and Machinery (cost) 60 000
    Motor Vehicles (cost) 68 000
    Provision for depreciation of buildings 32000
    Provision for depreciation of plant and machinery 34000
    Provision for depreciation of motor vehicles 15000


    (b) Provide for depreciation as follows:
     Buildings, 2% of book value
     Plant and machinery, 10% of cost  Motor Vehicles, 20% of cost
  • Aug 5, 2012, 05:49 AM
    paraclete
    So what do you calculations yield?

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