Jacques Ltd Purchased a Computer for $4500 on 1 July

question 35

Multiple Choice

Jacques Ltd purchased a computer for $4500 on 1 July 2015.It had an estimated useful life of three years.It was depreciated using the straight-line method.The financial year ends on 30 June.
- What was the balance of accumulated depreciation at 30 June 2018?

• A) $0
• B) $1500
• C) $3000
• D) $4500

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Definitions:

Consensus Crimes

Illegal acts that nearly all people agree are bad and harm society greatly. The state inflicts severe punishment for consensus crimes.

Inuit Communities

Indigenous peoples living in the Arctic regions of Canada, Greenland, and Alaska, known for their rich cultural heritage and adaptations to cold environments.

Deviant Act

An action that deviates from the societal norms, which can be criminal or non-criminal but is considered outside the boundaries of acceptable behavior in a community.

Statistical Average

A measure representing the central or typical value in a set of data, calculated as the sum of all values divided by the number of values.