Equipment costing 30,000 has been depreciated at 50% per annum using the reducing balance method. It was
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Equipment costing £30,000 has been depreciated at 50% per annum using the reducing balance method. It was sold after three years of use for £3,700.
Required
Prepare a disposal account for the equipment.
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To prepare the disposal account for the equipment we need to calculate the accumulated depreciation ...View the full answer
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Deepankur Keserwani
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