Question: A company discloses on its balance sheet a value for property, plant, equipment of 6,000.00 EUR. What could be the correct balancing figures (b/d) in
A company discloses on its balance sheet a value for property, plant, equipment of 6,000.00 EUR.
What could be the correct balancing figures (b/d) in its accounts?
1. PPE: debit balanced 10,000.00 EUR; ACC credit balanced 6,000.00 EUR.
2. PPE: credit balanced 10,000.00 EUR; ACC debit balanced 4,000.00 EUR.
3. PPE: credit balanced 10,000.00 EUR; ACC debit balanced 6,000.00 EUR.
4. PPE: debit balanced 10,000.00 EUR; ACC credit balanced 4,000.00 EUR.
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