Financial Accounting

Financial Accounting

题目
Financial Accounting
A business purchased a motor car on 2003.7.1 for $20,000.It is to ba depriciated at 20% per year on the straight line basis,asumming a residual value at the end of 5 years of $4,000,with a proportionate depreciation charge in the year of purchase.
The $20,000 cost was correctly entered in the cash book but posted to the debit of the motor vehicles repairs account.
How will the business profit for the year ended 2003.12.31 be affected by the error?
A understated by $18,400
B understated by $16,800
C overstated by $18,400
答案
A购买成本20000$,5年后残值4000$,折旧金额=20000-4000=16000$,年折旧20%=16000*20%=3200$,因为是2003年7月1日购买,所以2003年只计提半年折旧1600$,所以2003年计提折旧费使利润减少1600$.但是由于20000$错计入motor v...
举一反三
我想写一篇关于奥巴马的演讲的文章,写哪一篇好呢?为什么好
奥巴马演讲不用看稿子.为什么中国领导演讲要看?
想找英语初三上学期的首字母填空练习……
英语翻译
1,人们染上烟瘾,最终因吸烟使自己丧命.
最新试题
热门考点

超级试练试题库

© 2017-2019 超级试练试题库,All Rights Reserved.