Determining the cost of plant assets

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Question 1. Determining the Cost of Plant Assets (Land) of your own business

Question 2. Determining the Cost of Plant Assets (Cost of Delivery Truck) of your own business and Compute depreciation using the following.

(a) Straight-Line. (b) Units-of-Activity. (c) Declining Balance.

you are required to form your own company and take your own figures for the following

Purchasing date-Jan 01,2020

Purchasing Cost - 15000

Salvage - 1000

Estimated useful years - 5 years

Estimated miles - 100,000

Reference no: EM132723958

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