Related Questions

Rashna Company collected the following data in its accounting records in 2014 : From the income statement : Depreciation expense Tk. 1,000 Loss on sale of equipment 3,000 From the comparative balance sheet : Beginning balance , equipment Tk. 12,500 Ending balance , equipment 8,000 Beginning balance , accumulated depreciation 2,000 Ending balance , accumulated depreciation 2,400 No new equipment was purchased during the year. The equipment was sold at the end of the year. What was the cash in -flow from the sale of equipment in 2014?
A Tk, 3,900
B Tk. 1,000
C Tk. 900
D Tk. 600
Square Company purchased a piece of equipment on January 1, 2022. The equipment cost was Tk 60,000 and had an estimated life of 8 years and a salvage value of Tk 8,000. What was the depreciation expense for the asset for 2023 under the double declining balance method?
A Tk 6,562
B Tk 6,500
C Tk 11,250
D Tk 15,000
E None of these
The ---- analyses handwriting to determine character, personality , or aptitudes. Fill in the blanks with one of the following--
A gerentologist
B entomologist
C anthropologist
D graphologist
Data Mining uses simple arithmetic techniques such as sums, averages, and groupings to perform what-if analyses, to make predictions, and to facilitate decision making.
A True
B False
The branch of accounting which analyses and interprets the overall data is ________
A Financial accounting
B Cost accounting
C Management accounting
D None of these
In a decision to retain or replace equipment , the book value of the old equipment is a (n) -
A opportunity cost
B sunk cost
C incremental cost
D marginal cost
FM transmitting and receiving equipment as compared to AM equipment is
A Costly
B Cheaper
C Almost equally costly
D None of the above
Equipment installation cost in a chemical process plant ranges from __________ percent of the purchased equipment cost.
A 10 to 20
B 35 to 45
C 55 to 65
D 70 to 80
Following the six-tenth factor rule, if a log-log plot of capacity of the equipment vs. cost of the equipment is made, then a straight line is obtained, whose slope is equal to
A 0.1
B 0.6
C 0.2
D 0.8
For two governors A and B, the lift of sleeve of governor A is more than that of governor B, for a given fractional change in speed. It indicates that
A governor A is more sensitive than governor B
B governor B is more sensitive than governor A
C both governors A and B are equally sensitive
D none of the mentioned

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