Gene Justine A.

Sacdalan

Accounting 18

Quiz 2

impairment of assets

theories

1.D 11.A

2.B 12.D

3.A 13.B

4.A 14.C

5.B 15.B

6.B 16.C

7.B 17.C

8.A 18. C

9.D 19.A

10.C 20.D

problem solving

1.

4500000

(6000000) =9000000-3000000

_________

1500000 A.

2.
4000000

(4500000)

_________

500000 A.

3.

0 D.

4.

5000000

(3000000)

_______

2000000

(1250000)

_______

750000 C.

5.

1500000/6*10%= 25000

25000000/20 =1250000

10000000-1500000=8500000

=9775000 B.

6.

25000/20=(1250)
1250000/20=62500

1500000/10*10%=1500

1400,000/2=700000

=762750 D

7.

1000000x2=2000000 C.

8.

1000000x3=3000000-2000000=1000000 B.

9.

2250000 C.

10.

1750,000 B.