Accounting

Quiz #66

15

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Accounting Quiz - 15 Questions
Quiz Information
  • Questions: 15
  • Time Limit: 15 minutes
  • Pass Percentage: 33%
  • Points per Question: 1
  • Bonus Points: 5
  • Negative Marking: No
Sample Questions
  • 1
    Which of the following is true with respect to providing depreciation under diminishing balance method?
  • 2
    A second hand car is purchased for 2,00,000 and sold at 1,40,000 after two years. If depreciation is charged @ 10% on written down value method, find the profit or loss on sale of the Second hand car?
  • 3
    A second hand car is purchased for 2,00,000 and sold at 1,40,000 after two years. If depreciation is charged @ 10% on SLM method, find the profit or loss on sale of the car?

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