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P2-D2.
P2-D2.-
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izazwali13
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- Replies: 26
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Question#4:
Company bought a machine for $10,000 on 1st July 20X8.
Useful life is 2 years.
Grant received at 40% on cost of asset.
Condition:
If sold within 2 years than full repayment.
Company sold the machine on 31st December 20X9.
Required: Entry
Question#5:
Company bought a machine for $10,000 on 1st July 20X8.
Useful life is 2 years.
Grant received at 40% on cost of asset.
Condition:
If sold within 1st year of purchase then full repayment & after 1st year a fixed repayment of $500. Company
sold the machine on 31st December 20X9.
Required: Entry
Sir Plz help to slove it
P2-D2
- Topics: 4
- Replies: 6158
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Hi,
If you demonstrate that you have attempted the question and highlight where you are struggling then you can let me know and then I’ll happily help you out.
Thanks
P2-D2
- Topics: 4
- Replies: 6158
- ☆☆☆☆☆
Hi,
If you demonstrate that you have attempted the question and highlight where you are struggling then you can let me know and then I’ll happily help you out.
Thanks
izazwali13
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