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Notes to the financial statements for the financial year ended 28 February 20.21 Property, plant and equipment Buildings R Carrying amount: Beginning of year 357
Notes to the financial statements for the financial year ended 28 February 20.21
Property, plant and equipment
Buildings R | |||
Carrying amount: | |||
Beginning of year | 357 500 | ||
Cost | 550 000 | ||
Accumulated depreciation | (192 500) | ||
Additions | - | ||
Depreciation for the year | (27 500) | ||
Disposals | 0 | ||
Cost | 0 | ||
Accumulated depreciation | 0 | ||
Carrying amount: | |||
End of the year | ? | ||
Cost | ? | ||
Accumulated depreciation | ? | ||
Equipment are depreciated at 5% per annum on the straight-line method.
What will the carrying amount for equipment be for Yo-Yola Traders for the year ended 28 February 20.21?
Instructions:
1. Use a full stop to indicate any decimals (eg: 1000.01)
2. Round off to the second decimal after the full stop (eg: 50.56)
3. Don't show the % sign only the numbers (eg: 70.01% is 70.01)
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