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Bramble Manufacturers Inc., a publicly listed company, has two machines that are accounted for under the revaluation model. Technology in Bramble's industry is fast -
Bramble Manufacturers Inc., a publicly listed company, has two machines that are accounted for under the revaluation model. Technology in Bramble's industry is fastchanging, causing the fair value of each machine to change significantly about every two years. The following information is available: Both machines were last revalued on December Bramble has a December year end. Prepare a continuity schedule showing for each machine the amounts recorded to the Machine account and to the Accumulated Depreciation account, as well as indicating the carrying amount for each fiscal year from date of purchase to December using the asset adjustment method and the proportionate method. Enter negative amounts using either a negative sign preceding the number eg or parentheses eg Round answers to decimal places, eg CI Un aHd tceval dI U Lmo Tiec IU Wha verr Tiec DU "Inia N REvT T Teegrecidtiaq Mig Joc. St Ir TXevelinmis IIM II IEC MWI Recal IST turallus WEE
Bramble Manufacturers Inc., a publicly listed company, has two machines that are accounted for under the revaluation model.
Technology in Bramble's industry is fastchanging, causing the fair value of each machine to change significantly about every two
years. The following information is available:
Both machines were last revalued on December Bramble has a December year end. Prepare a continuity schedule showing for each machine the amounts recorded to the Machine account and to the Accumulated
Depreciation account, as well as indicating the carrying amount for each fiscal year from date of purchase to December
using the asset adjustment method and the proportionate method. Enter negative amounts using either a negative sign
preceding the number eg or parentheses eg Round answers to decimal places, eg CI
Un aHd
tceval
dI
U Lmo
Tiec
IU
Wha verr
Tiec
DU
"Inia
N
REvT
T Teegrecidtiaq
Mig
Joc. St
Ir
TXevelinmis
IIM II IEC
MWI
Recal
IST
turallus
WEE
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