Question
Z bought cars each costing 10.000 on the following dates : 1.1.N, 1.3.N+3, 1.6.N+6, 1.9.N+9.The first car was sold on 1.5.N+5. There were no other
Z bought cars each costing 10.000 on the following dates : 1.1.N, 1.3.N+3, 1.6.N+6, 1.9.N+9.The first car was sold on 1.5.N+5. There were no other disposals of cars. There are no other cars. What was the General Ledger balance for the Car Account on 1.8.N+8 ?
a. 10.000 b. 20.000 c. 30.000 d. 40.000
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Audit Risk Alert Employee Benefit Plans Industry Developments 2019
Authors: AICPA
1st Edition
1948306867, 978-1948306867
