An asset register showing a carrying value of $67460.A non current asset costing 15000 had been sold for 4000,making a loss on disposal of 1250.no entries had been made in the asset register for this disposal What is the correct balance on the asset register?
A 42710 B 51210 C 53710 D 62210
Balance b/d 67460 less:carrying value of non current sold (4000+1250) 5250 =62120