During the year ended 31 December 2017 a business purchased a vehicle for $\$ 23500$.
On 30 September 2020 it was sold for $\$ 3500$.
Depreciation was charged at 20% per annum using the straight-line method. A full year’s depreciation was charged in the year of purchase and the year of disposal.
What was the profit or loss on disposal of the vehicle?
$\$ 1200{\text{ }}loss{\text{ }}$
2 )
$\$ 1200{\text{ }}profit{\text{ }}$
3 )
$\$ 5900{\text{ }}loss$
4 )
$\$ 5900{\text{ }}profit{\text{ }}$
تحلیل ویدئویی تست
تحلیل ویدئویی برای این تست ثبت نشده است!
پرسش و پاسخ های مشابه
سوال کنید یا به سوالات دیگران پاسخ دهید ...