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6 A company sells a plant asset which originally cost V630,000 for 210,000 on December 31, 2020. The Accumulated Depreciation account had a balance of
6 A company sells a plant asset which originally cost V630,000 for 210,000 on December 31, 2020. The Accumulated Depreciation account had a balance of V252.000 before t current year's depreciation of V63,000 was recorded. The company should recognize a 1.105.000 loss on disposal. 2. V105,000 gain on disposal. 3. 168,000 loss on disposal. 4. None 5. 168.000 loss on disposal
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