Interactive BPP books for September 2026 exams, recommended by OpenTuition.
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I am so sorry tutor. I want meant to say please but the characters were too short for the question.
Pls cld u explain question 5 ,
The plant and machinery account (at cost) of a business for the year ended 31 December 20X5 was as follows: Plant and machinery – cost 20X5 $ 20X5 $ 1 Jan Balance b/f 240,000 31 Mar Transfer to disposal account 60,000 30 Jun Cash purchase of plant 160,000 31 Dec Balance c/f 340,000 –––––––– ––––––––400,000 400,000 –––––––– ––––––––The company’s policy is to charge depreciation at 20% per year on the straight line basis, with proportionate depreciation in the years of purchase and disposal. What should be the depreciation charge for the year ended 31 December 20X5? A $68,000 B $64,000 C $61,000 D $55,000 why answer is d -_-
