QUESTION 4 On 30 June 2020, the statement of financial position of Taylor Ltd showed the following non-current assets after charging depreciation: \begin{tabular}{|l|c|c|c|} \hline Building Accumulated Depreciation & 400000 (200000) & $200000 \\ \hline Motor Vehicle & 120000 & \\ Accumulated Depreciation & (40000) & 80000 \\ \hline \end{tabular} (a) Prepare any necessary entries to revalue the building and the vehicle as at 30 June 2020. (12 marks) (b) Assu QUESTION 4 On 30 June 2020, the statement of financial position of Taylor Ltd showed the following non-current assets after charging depreciation: \begin{tabular}{|l|c|c|c|} \hline Building Accumulated Depreciation & 400000 (200000) & $200000 \\ \hline Motor Vehicle & 120000 & \\ Accumulated Depreciation & (40000) & 80000 \\ \hline \end{tabular} (a) Prepare any necessary entries to revalue the building and the vehicle as at 30 June 2020. (12 marks) (b) Assu