1. Case Study
SLIM decided stared a project to trade something amount L.E 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 paid cash L.E 5000 and the reminder by notes

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