Maurice Tutor

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Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 09 Aug 2017 My Price 4.00

Cameron Ltd

Cameron Ltd purchased a truck for cash for $52,000 on January 1, 2010. At the time of purchase it was estimated that the useful life of the vehicle would be 100,000 kilometres and it was expected that it would travel that distance over four years. At the end of four years of useful life it was calculated that the truck could be sold for $12,000. The actual distance covered by the truck is as follows: Year ending 30 June: 2010 10,000 kilometres 2011 25,000 kilometres 2012 30,000 kilometres 2013 22,000 kilometres 2014 8,000 kilometres Required:Prepare an extract from the statement of financial position for the vehicle as at 30 June 2012 using the straight-line method of depreciation.

Answers

Maurice Tutor
(5)
Status NEW Posted 09 Aug 2017 10:08 PM My Price 4.00

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