Question
3- (FIXED ASSETS HELD FOR SALE): Lirek Enterprise as a fixed asset held for sale on 01.09.2019 It has classified. On 01.09.2019, the book value
3- (FIXED ASSETS HELD FOR SALE):
Lirek Enterprise as a fixed asset held for sale on 01.09.2019 It has classified. On 01.09.2019, the book value of the machine was 10.000 TL, sales costs were deducted the appropriate value is 9.500 TL. On 31.12.2019, the fair value of the machine with sales costs deducted is 9,200 TL. The machine was sold on 01.06.2020 for 9.400 TL in cash. REQUESTED: Lirek Enterprise's held for sale on 01.09.2019, 31.12.2019 and 01.06.2020 Make the daily book records required to be made on fixed assets and 2019 and 2020 Profit or Loss Statement and its effects on the Balance Sheets dated 31.12.2019 and 01.06.2020 Show.
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