expeuts te eas Hlow trom the use of this license, which is dependent on the...
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expeuts te eas Hlow trom the use of this license, which is dependent on the n product developed under Oppa. Discuss the appropriate accounting treatm this licence ST6.20 Prize C ompany owns three pieces of equipment with different functions. Different to the s. Details of the equipment are summarised as follows: depreciation methods were used, reflecting the equipment contribution y's daily operatio Equipment E11 E12 E13 Date of purchase1 January 2012 Cost Useful life Salvage value Total capacity RM105,000 5 years RM5,000 120,000 hours Declining-balance 1July 2013 RM150,000 7 years RM10,000 180,000 hours Straight-line 1 May 2014 RM120,000 6 years RM8,090 160,000 hours Units-of-activity Depreciation method 813 in the first three years were 2014, 21,000; 2015, 27,000 and 2016, 26,000. Required Compute the amount of accumulated depreciation as at 31 December 2016 for all three equipment. 1 Seven DaysCo nurchased a machine that costs RM160,000 on 1 January 2016. The
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