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1 Question 14 of 20 2 Points Extract of the pre-closing trial balance of THC Traders as at 30 September 2019 Debit Credit R R
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Question 14 of 20 2 Points Extract of the pre-closing trial balance of THC Traders as at 30 September 2019 Debit Credit R R 120 000 41 750 90 000 17 100 Plant and machinery (cost) Accumulated depreciation: plant and machinery Equipment (cost) Accumulated depreciation: equipment Land and buildings (cost) Fixed deposit (@7.5% p.a.) Depreciation Loss on sale of equipment Interest on fixed deposit 180 000 100 000 38 367 1 500 7 500 The amounts that will be disclosed in the statement of profit or loss and other comprehensive income of THC Traders for the year ended 30 September 2019 relating to non-current assets are: O A. Depreciation R38 367; Loss on sale of equipment R1 500; Interest on fixed deposit R7 500. OB. Fixed deposit R100 000; Interest on fixed deposit R7 500. C. Interest on fixed deposit R7 500. D. Depreciation R38 367; Loss on sale of equipment R1 500. E. Depreciation R38 367Step by Step Solution
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