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Carefully read the following journal entry of Abdullah Ltd Cash Account Dr $16,000 Accumulated Dep 50.000 To Plant Account 80 000 To Gain on Disposal
Carefully read the following journal entry of Abdullah Ltd Cash Account Dr $16,000 Accumulated Dep 50.000 To Plant Account 80 000 To Gain on Disposal of plant assets 6.000 Based on the above information, explain why is cash account debited? Also, explain why are plant and gain on disposal of plant assets accounts credited Give bref explanation of each = E 2 $ N x = 3 : T 3 U > 1 2 Bango Rengasamy TOSHIBA HOME DEL BACK 8 A9 SPACE NUM LOCK XP ( 7 V ENTER 1 1 E C ' E HOME
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