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Calendar Plc have a year end of 30/09/X2. They have prepared the following information about their non-current assets: Land was revalued to 4.1 million on
Calendar Plc have a year end of 30/09/X2. They have prepared the following information about their non-current assets:
Land was revalued to 4.1 million on 28/09/X2
All buildings are depreciated using the straight line method over 20 years
All plant and equipment is depreciated using the reducing balance method at 17%
Requirement: Complete the non-current asset working below for Calendar Plc. (Round to the nearest 1,000)
Land | Buildings | Plant & equip | |
---|---|---|---|
'000 | '000 | '000 | |
Cost | 2900 | 2300 | 1400 |
Accumulated depreciation | 0 | -530 | -545 |
Net book value at 01/10/X1 | 2900 | 1770 | 855 |
Revaluation during 20X2 | Answer 1 | ||
Depreciation for year ended 20X2 | Answer 2 | Answer 3 | |
Net book value at 30/09/X2 | Answer 4 | Answer 5 | Answer 6 |
(Enter the values with no sign, comma or decimal places. Use a minus sign where applicable.)
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