FAC 1502 ASSIGNMENT 2
Johns Hopkins University
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FAC 1502 ASSIGNMENT 2
- Exam (elaborations) • 5 pages • 2021
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FAC1502 ASSIGNMENT 2
UNIQUE NUMBER
ANOE TUTORIALS JHB,KEMPTON PARK & PTA
DURBAN SEMINAR FAC1502 REVISION 27 APRIL 2018 KINGMEAD CRICKET STADIUM(CONFERENCE ROOM)
TO BOOK CONTACT 081 709 3568.(call or WhatsApp)
QUESTION 1
To calculate profit upon a disposal of a PPE asset one has to calculate accumulated depreciation.
Selling price - Accumulated depreciation = loss(-)cr profit (+) dr
One needs to construct a timeline for the disposal.
Cost of the vehicle 21600
Total accumulated deprec...
Exam (elaborations)
FAC 1502 ASSIGNMENT 2
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FAC1502 ASSIGNMENT 2 UNIQUE NUMBER ANOE TUTORIALS JHB,KEMPTON PARK & PTA DURBAN SEMINAR FAC1502 REVISION 27 APRIL 2018 KINGMEAD CRICKET STADIUM(CONFERENCE ROOM) TO BOOK CONTACT 081 709 3568.(call or WhatsApp) QUESTION 1 To calculate profit upon a disposal of a PPE asset one has to calculate accumulated depreciation. Selling price - Accumulated depreciation = loss(-)cr profit (+) dr One needs to construct a timeline for the disposal. Cost of the vehicle 21600 Total accumulated deprec...
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