ACC 111 (PRINCIPLES OF ACCOUNTING 1)- ASSIGNMENT 6 FOR PART TIME

FOR WHOM:  ACCOUNTANCY DEPARTMENT:
The following information has been given to you about Aiyegbaogbon 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  
(iii) Sum of the Year Digit Method

FOR WHOM:  BUSINESS ADMINISTRATION  DEPARTMENT:
The following information has been given to you about Aiyefele 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
(iii) Sum of the Year Digit Method

 

FOR WHOM:  COMPUTER SCIENCE  DEPARTMENT:

 The following information has been given to you about Aiyele 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
(iii) Sum of the Year Digit Method

 

 INSTRUCTION: 
TO BE SUBMITTED ON SATURDAY 2ND MARCH, 2019 TO YOUR RESPECTIVE CLASS PRESIDENT BEFORE 9A.M PROMPT.

GET PREPARED FOR YOUR TEST ON SUNDAY 3RD MARCH, 2019 IN BETWEEN 12NOON TO 2PM. BE PUNCTUAL! NO MAKE UP TEST!

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  1 and 2 for Full-Time for general knowledge:

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

Assignment 3 and 4

https://britstutors.blogspot.com/2019/02/acc-111-principles-of-accounting-1.html 

Assignment 5:

https://britstutors.blogspot.com/2019/02/acc-111-principles-of-accounting-1_10.html 

ACC 111 Lecture Notes: 

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

Full-time Test:

https://britstutors.blogspot.com/2019/02/acc-111-principles-of-accounting-1-test.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

 A Soldier wife:

https://britstutors.blogspot.com/2019/02/a-solders-wife.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