Q No.1 ABC Co. purchase office equipment for Rs.125,000 on credit from Hamid...
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Q No ABC Co purchase office equipment for Rs on credit from Hamid & Co Co paid transportation charges Rs Estimated life of the asset is years and scrap value Rs Co decided to use straight line method for depreciation assets Required: : Compute total cost of office equipment : Compute depreciation for first three years : Present Schedule of depreciation showing book value : Prepare Allowance for depreciation account 
Q No
ABC Co purchase office equipment for Rs on credit from Hamid & Co Co paid transportation
charges Rs Estimated life of the asset is years and scrap value Rs
Co decided to use straight line method for depreciation assets
Required:
: Compute total cost of office equipment
: Compute depreciation for first three years
: Present Schedule of depreciation showing book value
: Prepare Allowance for depreciation account
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