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With reference to the information below, depreciation of 10% reducing balance on plant and machinery has not yet been accounted for. DR CR Land
With reference to the information below, depreciation of 10% reducing balance on plant and machinery has not yet been accounted for. DR CR Land Building 73,313,828 377,153,642 Building - accumulated dep'n 113,011,253 Plant and machinery 299,680,122 Plant and machinery - accumulated dep'n 159,083,116 Office equipment 5,500,375 Office equipment - accumulated dep'n 3,261,308 After accounting for the depreciation on plant and machinery, what is the net book value of property, plant and equipment? a. $466,232,590 O b. $29,968,012 O c. $14,059,701 O d. $480,292,290
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