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tunnn

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  • December 11, 2024 at 7:08 pm #714151
    mysterytunnn
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    Abdul had a plant and equipment cost balance at the start of the year of $9,450.During the year he purchased equipment for $2,100 and disposed of equipment which had a carrying amount of $1,800. Abdul depreciate plant and equipment on a 20% reducing balance basis with a full year’s charge in the year of acquisition and none in the year of sale.the accumulated depreciation balance at the start of the year was $4,725. What amount should be shown as the carrying amount of plant and equipment as at the year end?

    Sir the answer is 4020 and please explain to me

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