- This topic has 1 reply, 2 voices, and was last updated 14 years ago by
.
Viewing 2 posts - 1 through 2 (of 2 total)
- Posts
In revision kit Q 32
P&M why did we deduct all 6700 from expensive car and not only 3000?
and why did we deduct the whole 2100 in SLA?
thank you- Topics: 0
- Replies: 1
- ☆
You deduct 6700 for the expensive car because it has been sold therefore this is the balancing allowance (16400 – 9700).
Same for the SLA, balancing allowance is 2100 because short-life asset balance c/f is 2900 but it was sold for only 800 therefore the difference is 2100.
Viewing 2 posts - 1 through 2 (of 2 total)
- You must be logged in to reply to this topic.