Bpp practice kit qstn : Elite leisure co case(qstn no 59)

VDVidhi Dhakan5y ago

Hi sir, I have doubt in qstn num 59) can you please explain me how they get (Repainting cost20,000+ Loss on disposal 25000) I am not able to get from where they get 25000?. Thanks in advance.

PP2-D2Tutor5y ago#1

Hi I've not got the question on me currently but a loss on disposal will be calculated from the proceeds less the carrying value at the date of disposal. Thanks