Question: Answer please Question Completion Status: Kenny Ltd's books contains the following details as at 30 June 2020: $ Motor vehicles 250,000 Less accumulated depreciation 80,000

Answer please

Question Completion Status: Kenny Ltd's books contains the following details as at 30 June 2020: $ Motor vehicles 250,000 Less accumulated depreciation 80,000 170,000 On 1 July 2020 the directors of Kenny Ltd decided to revalue the motor vehicles to on 1 July 2020 will include: O Cr. Motor vehicles $250,000 Dr. Accumulated depreciation $80,000 Dr. Loss on revaluation $25,000 Dr. Gain on revaluation $15,000 Moving to another question will save this response

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