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USE THE FOLLOWING DATA FOR QUESTIONS 4 & 5 a business operator in Porto Listo. The following data was Chris Ronaldo operates obtained for
USE THE FOLLOWING DATA FOR QUESTIONS 4 & 5 a business operator in Porto Listo. The following data was Chris Ronaldo operates obtained for the year 2013 Non-current Assets January December Equipment at book value 640,000 840,000 Motor Vehicle at book value 750,000 940.000 Transactions during the year 3000 iv) Equipment with book value of 35 000 was sold at a profit of 12,000 Depreciation charges for equipment was 25,000 Motor vehicle with book value of 40,000 was sold for a loss of 10,000 Depreciation charges for motor vehicle was 30,000
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