The following machines were scrapped as worthless by Caelum Pty Ltd: Required (a) Prepare separate entries to
Question:
The following machines were scrapped as worthless by Caelum Pty Ltd:
Required
(a) Prepare separate entries to record the disposal of the machines by Caelum Pty Ltd.
Transcribed Image Text:
Machine Cost Accumulated Removal depreciation 2 Jan. 2025 expense Date of purchase Date of disposal paid A $ 20 300 $ 20 300 2/1/18 2/1/22 B 43 400 37 400 $2 200 30/6/17 2/1/22 C 96 500 65 800 - 30/6/18 1/4/22 Depreciation expense was recorded last on 31 December 2024.
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Related Book For
Accounting
ISBN: 9780730382737
11th Edition
Authors: John Hoggett, John Medlin, Keryn Chalmers, Claire Beattie
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