Disposal q4,Ch 6

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May 7, 2016 at 6:12 pm #314044
Joanna
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Hi /Sir,
Answer test q4.
NBV, end of yr 2003 is 52K-30K=22K
Proceeds 30K (What is 30K proceeds-is it cash?)
less NBV (22K)
Notes Dec 2015
Ty J
May 8, 2016 at 7:59 am #314081
John Moffat
Keymaster
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The answers to all of the questions are in the notes (see the contents page).
And yes, proceeds is the cash received on sale (have you watched the free lectures that go with the notes?).
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