Depreciation on the various assets


RS is a small retailer located in a tourist district. The company purchase their building 11 years ago at a cost $138000.The building is currently valued $399000.RS has other fix assets which cost $146000 and which are currently value $182000.To date, RS has record a total $139000 in depreciation on the various assets.The firm has current liabilities of $51000 and net working capital $43000. What is the total book value of the assets of RS's Sundries?? a 94000 b 231000 c239000 d 581000 e 675000

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Accounting Basics: Depreciation on the various assets
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