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Financial Accounting and Reporting 2: Plant, Property and Equipment (All information are stated in the question) Oppocot Bhd is a business that manufactures mobile phone

Financial Accounting and Reporting 2: Plant, Property and Equipment (All information are stated in the question)

Oppocot Bhd is a business that manufactures mobile phone located in Kulim, Kedah. The following information is related to the property, plant and equipment (PPE) of the company as at 31 December 2017:

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RM Land (at revalued amount) 2.500,000 Unrealized gain on revaluation- land 500.000 Machinery (at cost) 580.000 Accumulated depreciation-machinery 180.000 Equipment (at cost) 140.000 Accumulated depreciation-equipment 36.000

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