Question: step by step solution on getting 6000 thanks DEFs non-current asset was re-valued to 14,000 at the end of its third year in business use.

step by step solution on getting 6000 thanks DEFs non-current asset
step by step solution on getting 6000 thanks

DEFs non-current asset was re-valued to 14,000 at the end of its third year in business use. Original asset details were:- cost 10,000, life 10 years, ERV-0, STR, Compute DEFs revaluation surplus revaluation; Select one: a. E1525 b. E1,425 c. 1,375 x d. E6,000 e. N.. incorrect The correct answer is: 6,000

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