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Other adjustments are listed below: Information as of March 31st, 2020 on Trial Balance: Motor vehicle purchase price = $25,000 Accumulated Depreciation on MV's =
Other adjustments are listed below:
Information as of March 31st, 2020 on Trial Balance:
Motor vehicle purchase price = $25,000 Accumulated Depreciation on MV's = $5,625 Office Equipment = $12,000 Acc. Depreciation on Office Equipment = $3,200
Balance Day Adjustments on April 30th, 2020: 1) All Non-Current Assets (Motor Vehicle and Office Equipment) to be depreciated at 15% per annum Straight Line on cost. This answer needs to be recorded on MYOB
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