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Business Accounting - Chapter 8 PPE Part 1

Total questions: 11

Worksheet time: 16mins

Name
Class
Date
1.

What is the cost of Machine X?

a)

$32,800

b)

$32,000

c)

$33,000

d)

Others

2.

What is the depreciation expense for 2020?

a)

$6,560

b)

$3,826

c)

$3,280

d)

$2,733

3.

What is the depreciation expense for 2021?

a)

$6,560

b)

$5,904

c)

$3,280

d)

Others

4.

What is the depreciation expense for 2022?

a)

$6,560

b)

$4,723

c)

$5,379

d)

$3,936

5.

What is total accumulated depreciation?

a)

$6,560

b)

$3,936

c)

$13,120

d)

Others

6.

What is the loss on disposal?

a)

$13,000

b)

$4,680

c)

$40,000

d)

Others

7.

Question 2: What is the depreciation expense in 2020?

a)

$8,000

b)

$6,000

c)

$8,833

d)

Others

8.

What is the depreciation expense in 2021?

a)

$8,000

b)

$8,333

c)

$6,000

d)

Others

9.

What is the depreciation expense in 2022?

a)

$8,000

b)

$2,000

c)

$6,000

d)

Others

10.

What is the accumulated depreciation before Equipment Z is sold?

a)

$6,000

b)

$16,000

c)

$8,000

d)

Others

11.

What is the gain of disposal of Equipment Z?

a)

$13,000

b)

$40,000

c)

$3,000

d)

Others