Question
A company sold equipment for 180,000. It had originally cost 300,000 and had a book value of 156,000. Extracts from the Statements of financial position
A company sold equipment for 180,000. It had originally cost 300,000 and had a book value of 156,000. Extracts from the Statements of financial position show:
Year 1 : Equipment= 1,950,000. ; Accumulated depreciation= 570,000
Year 2: Equipment= 2,160,000. ; Accumulated depreciation= 660,000
Equipment purchased during the year was?
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A Guide To Auditing Programmes And Projects
Authors: Andrew Schuster, APM Assurance SIG
1st Edition
191330521X, 978-1913305215
