ACC 111(PRINCIPLES OF ACCOUNTING 1)- ASSIGNMENT 4 FOR FULL TIME

FOR WHOM:  ACCOUNTANCY DEPARTMENT:
The following information has been given to you about Ayegbaogbon Nigeria Limited`s factory plant and machinery.

 Cost                       N5 million

 Scrap value            N250,000

 Useful life             5 years

 You are required to calculate the annual depreciation charges for each year using:

  (i)   Straight-line Method                      (ii) Reducing Balance Method

FOR WHOM:  BUSINESS ADMINISTRATION  DEPARTMENT:
The following information has been given to you about Ayefele Nigeria Limited`s factory plant and machinery.

 Cost                       N25 million

 Scrap value            N1.25 million

 Useful life             5 years

 You are required to calculate the annual depreciation charges for each year using:

  (i)   Straight-line Method                      (ii) Reducing Balance Method

FOR WHOM:  OFFICE TECHNOLOGY AND MANAGEMENT  DEPARTMENT:

The following information has been given to you about Ayegbajeje Nigeria Limited`s factory plant and machinery.

 Cost                       N 15 million

 Scrap value            N 750,000

 Useful life             5 years

 You are required to calculate the annual depreciation charges for each year using:

  (i)   Straight-line Method                      (ii) Reducing Balance Method

FOR WHOM:  COMPUTER SCIENCE  DEPARTMENT:

 The following information has been given to you about Ayedade Nigeria Limited`s factory plant and machinery.

 Cost                       N 7.5 million

 Scrap value            N 1.75 million

 Useful life             5 years

 You are required to calculate the annual depreciation charges for each year using:

  (i)   Straight-line Method                      (ii) Reducing Balance Method

INSTRUCTION: 
TO BE SUBMITTED ON FRIDAY 1ST FEBRUARY, 2019 TO YOUR RESPECTIVE CLASS PRESIDENT BEFORE 9A.M PROMPT.

         
BEST OF LUCK TO YOU ALL AND HAPPY NEW MONTH IN ADVANCE!
DO IT YOURSELF OKAY!!
GOD BLESS  YOU ALL !!!

Visit to see:   

Train your brain click below link:  

https://britstutors.blogspot.com/2018/10/train-your-brain.html   

ACC 111-PRINCIPLES OF ACCOUNTING 1 COURSE OUTLINE:

https://britstutors.blogspot.com/2018/11/acc-111-principles-of-accounts-1-course.html

 Assignment 3 for Full-Time:

https://britstutors.blogspot.com/2019/01/acc-111principles-of-accounting-1.html 

Assignment  1 and 2 for Full-Time:

https://britstutors.blogspot.com/2018/12/assignment-on-acc-111-principles-of.html

ACC 111 Lecture Notes: 

https://britstutors.blogspot.com/2018/11/introduction-to-accounting-note.html

ACC 101 Lecture Notes:

https://britstutors.blogspot.com/2018/11/acc-101-introduction-to-accounting.html 

Financial Statements:

https://britstutors.blogspot.com/2018/11/financial-statements.html 

Text Book by Patriot Odunaro B.J:

https://britstutors.blogspot.com/2018/10/principles-of-accounting-1-textbook-by.html 

13 Review Questions:

https://britstutors.blogspot.com/2018/10/tutorial-questions-on-principles-of.html

ONCE YOU CARRY YOUR OWN WATER, YOU WILL LEARN THE VALUE OF EVERY DROP.  
TIME IS KEY! MAKE BEST USE OF YOUR TIME FOR THINGS THAT IS NECESSARY!

Patriot Odunaro B.J