The following information is taken from the accounts of Equipment Ltd What was the depreciation expense for equipment for the year $000 Equipment, 1 July 2015 2 500 Equipment, 30 June 2016 3900 Accumulated depreciation equipment, 1 July 2015 600 Accumulated depreciation equipment, 30 June 2016 400 ...

To calculate the depreciation expense for equipment for the year ended 30 June 2016 you need to take ...

The following information is taken from the accounts of Equipment Ltd. What was the depreciation expense for

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The following information is taken from the accounts of Equipment Ltd.

Equipment, 1 July 2015 Equipment, 30 June 2016 Accumulated depreciation - equipment, 1 July 2015 Accumulated

What was the depreciation expense for equipment for the year?

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The following information is taken from the accounts of Equipment Ltd. What was the depreciation expense for

Question:

$000 Equipment, 1 July 2015 2.500 Equipment, 30 June 2016 3900 Accumulated depreciation-equipment, 1 July 2015 600 Accumulated depreciation - equipment, 30 June 2016 400 Equipment sold during the year cost price 900 accumulated depreciation 250 - proceeds 700

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Financial Accounting An Integrated Approach

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