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?
ক Tk, 3,900
খ Tk. 1,000
গ Tk. 900
ঘ Tk. 600
কয়েক বছর পূর্বে ঝিলমিল ট্রেডার্স ৫,০০,০০০ টাকা ব্যয়ে একটি অফিস সরঞ্জাম ক্রয় করে যার ভগ্নাবশেষ মূল্য ধরা হয় ৫০,০০০ টাকা। বার্ষিক ১০% হারে সরলরৈখিক পদ্ধতিতে অবচয় ধার্য করে আজ পর্যন্ত পুঞ্জীভূত অবচয় হয়েছে ২,২৫,০০০ টাকা। আজ এটি ২,৫০,০০০ টাকায় বিক্রয় করা হলে কত টাকা লাভ বা ক্ষতি হবে? (A few years ago, Jhilmil Traders purchased an office equipment at a cost of Tk. 5,00,000 and estimated its salvage value of Tk. 50,000. As of today, the accumulated depreciation at 10% per annum under straight-line method is of Tk. 2,25,000. Today if it could be sold for Tk. 2,50,000, what would be the gain or loss on this sale?)
ক ক্ষতি ৩,০০,০০০ টাকা (Tk. 3,00,000 loss)
খ ক্ষতি ২৫,০০০ টাকা (Tk. 25,000 loss)
গ লাভ ২৫,০০০ টাকা (Tk. 25,000 gain)
ঘ লাভ ২,৭৫,০০০ টাকা (Tk. 2,75,000 gain)
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?
ক Tk 6,562
খ Tk 6,500
গ Tk 11,250
ঘ Tk 15,000
ঙ None of these
Which one of the following best describes 'Accumulated Depreciation'?
ক Asset
খ Expense
গ Contra Asset
ঘ Liability
Which of the following is the normal balance of an accumulated depreciation account?
ক Debit balance
খ Credit balance
গ Nil balance
ঘ None of the above
How trial balance shows the accumulated depreciation?
ক as a debit item
খ as a credit item
গ It doesn't show
ঘ None of the above
A company owns some land and buildings for which the following details are relevant : Cost of land Taka 50,000; cost of building Taka 100,000, estimated life of building 20 years, estimated residual value of building Taka 2000; estimated residual value of land Taka 50,000. The company uses the straight line depreciation method. Which is the correct annual depreciation charge for this asset?
ক Taka 4000
খ Taka 4900
গ Taka 7400
ঘ Taka 7500
Under which of the following methods of depreciation, amount of depreciation varies every year?
ক SYD
খ SLM
গ Annuity
ঘ All of them
অবচয়ের কোন পদ্ধতি প্রথম বছরের অবচয় সবচেয়ে কম দেখাবে? (Which depreciation method shows the lowest amount of depreciation in the first year?)
ক সরলরৈখিক পদ্ধতি (Straight line method )
খ ক্রমহ্রাসমান পদ্ধতি (Declining balance method)
গ বর্ষ সংখ্যার সমষ্টি পদ্ধতি (Sum of the years digit method)
ঘ উৎপাদন একক (Units of production)
Which of the following depreciation system ensures that the interest be charged on the cost of machine asset every year on the book value, but the rate of depreciation every year remains constant
ক Sinking fund method
খ Straight line method
গ ABC charging method
ঘ Annuity charging method

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