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Case Study

Case Study. SLIM decided stared a project to trade something amount L.E 25000 putted in cash He paid L.E 2000 cash advertising for 1 year He received cash L.E 4000 represent service revenue He received bills of utilities about (electricity & water) L.E 1000

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Case Study

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  1. Case Study • SLIM decided stared a project to trade something amount L.E 25000 putted in cash • He paid L.E 2000 cash advertising for 1 year • He received cash L.E 4000 represent service revenue • He received bills of utilities about (electricity & water) L.E 1000 • He sold computer services L.E 8000 from some Debtors • He paid cash L.E 500 to some creditors • He collected L.E 4800 from some debtors • He purchase piece of Land L.E 15000 paid cash L.E 5000 and the reminder by notes

  2. Terminology What is a meaning of the following? • Depreciation • Straight – line method • Salvage value • Accelerated Depreciation

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