Why are lorries disposal is deducted from main pool?
In past when we have purchased them so there is a chance that we have AIA on them. We should have done balancing adjustment of 8450-5000= 3450 on each lorry.
Ask the Tutor ACCA TX-UK
Carl Q11 at end of notes
In an exam question you will not have to deal with the disposal of an asset that has attracted AIA.
If the lorry has not attracted AIA it goes into the pool and not in a separate column
Thank you
no worries - when are you taking your exam so I know the flow of questions will end?!
On 7 of March. Thank you
All the best
Thank you so much
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