13: The activities of DEF Ltd. for the year ended 31 December 2022 are listed:...
80.2K
Verified Solution
Link Copied!
Question
Accounting
13: The activities of DEF Ltd. for the year ended 31 December 2022 are listed: What is the annual gross profit?
Hint: Consider the calculation of the Gross Profit.
A. RM 121,300
B. RM 272,000
C. RM 394,000
D. RM 406,000
14: The activities of DEF Ltd. for the year ended 31 December 2022 are listed: What is the annual net profit (profit for the year)?
Hint: Consider the calculation of the Net Profit
A. RM 121,300
B. RM 272,000
C. RM 394,000
D. RM 406,000
15: ABC Ltd. purchased a machine in 2018 for RM300,000. The machine is expected to have a useful life of 5 years. What is the depreciation expense in Year 2 when the machine is depreciated using the straight-line method?
Hint: Consider the calculation of straight-line depreciation.
A. RM 60,000
B. RM 120,000
C. RM 180,000
D. RM 240,000
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.