$.$III

IFACC Group Assignment AY $2...$

QUESTION $2$

The Greene Corp. produced the following data accompanying its financial data for $2022$ ;

a$.$ Equipment costing $10,000$ with a book value of $8,000$ was sold for $15,000$

b$.$ Motor vehicle costing $40,000$ with depreciation of $16,000$ was sold at a loss of $5,500$

c$.$ The building was revalued during the year.

d$.$ No dividend was paid during the year.

$\backslash$table$[[$BALANCE SHEET AS AT DECEMBER $31,],[,2021,,,2022,,],[,$$$,$$$,$$$,$$$,$$$,$$