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Show instructions Questions 1-33 of 33 Page 1 of 1 Question 1 points) At the begining of the third year an equipment had $ 6,400 as opening balance and it is predicted that the number of remaining years of useful life chnages from three to four years and the residual value changes from $1,000 to $ 400. The redsed dereciation charge per year using the straight line method would be O. Ob 3200 1800 750 1500 Od Question 25 points) On July 1st, 2020 Gordan Deliveries purchased a packng machine for $23.000 with a residual value of $3,000. The packing machine is estimated to have an useful life of $ 5 years and is estimated to pack 200,000 items in its life. Actual packing is 25000, 45,000 and 60,000 resp, for next 3 years Accumulated depreciation as on Dec 31st.2022 would be Straigh Line, units of Production and Double Declining Balance method respectively assume finacial year closure on December 3150) Ob 17848; 13.000 10.000 10,000: 13,000, 17348 13,000: 17049:10,000; none of the above Question 3 (1 point) If an item is held for resale, it should be classified as O Od Accounts Receivable Property. Plant and Equipemnt Current Liability Inventory Question 4 (1 point Under which method, the amount of depreciation charge would be same for each period of the asse's useful life? Ob Double Declining Balance Method Units of Production Method Straight Line Method Declining Balance Method Od Question 5 point the book value of a PDE is greater than the Net Resort and proft Amortisation Impament Depreciation

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