Multiple Choice
Jacques Ltd purchased a computer for $4500 on 1 July 2015.It had an estimated useful life of three years.It was depreciated using the straight-line method.The financial year ends on 30 June.
-What was the accumulated depreciation at 30 June 2017?
A) $0
B) $1500
C) $3000
D) $4500
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q1: Where there is an asset revaluation increment
Q5: Equipment with a cost of $160 000
Q8: Equipment with a cost of $15 000
Q9: Which of the following would NOT be
Q11: Delta Ltd purchased a motor vehicle for
Q12: Squires Ltd purchased equipment for $90 000
Q15: A building with a cost of $500
Q16: Which of the following is NOT depreciated
Q17: Bully Ltd acquires all the business assets
Q18: Speedy Ltd purchased a delivery truck on