The following information is extracted from the books of a business. Further information for the year ended

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The following information is extracted from the books of a business.

Further information for the year ended 31 December 2003 is as follows.

How much was received from the sales of fixed assets?

A. $2000

B. $3000

C. $4000

D. $5000

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Accounting A Level And AS Level

ISBN: 9780521539937

1st Edition

Authors: Harold Randall

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Question Posted: Aug 27, 2023 09:15 AM

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The following information is extracted from the books of a business. Further information for the year ended

Question:

Fixed assets (at cost) Less accumulated depreciation At 31.12.02 12230 000 85 000 At 31.12.03 275 000 98 000

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Correct Option A 2000 Given Loss on sale of fixed assets 1000 Depreciation for the year ende...View the full answer

Accounting A Level And AS Level

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