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

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