The ACCA Learning Community
Home
166 online now in this group

how the answer is coming A can anyone explain

+1 Vote
how the answer is coming A can anyone explain

An organisation's asset register shows a carrying amount of $145,600. The non-current asset account in the nominal ledger shows a carrying amount of $135,600. The difference could be due to a disposed asset not having been deducted from the asset register. Which one of the following could represent that asset?
A Asset with disposal proceeds of $15,000 and a profit on disposal of $5,000
B Asset with disposal proceeds of $15,000 and a carrying amount of $5,000
C Asset with disposal proceeds of $15,000 and a loss on disposal of $5,000
D Asset with disposal proceeds of $5,000 and a carrying amount of $5,000strong text

June 6th 2017 AN ACCA USER 290 Points

Please log in or register to reply to this question.

...