- The Following Balance Sheet Extract Was Obtained From The Books Of Shamu Ltd As At December 31 2021 Land And Building 1 (31.41 KiB) Viewed 32 times
The following balance sheet extract was obtained from the books of Shamu Ltd as at December 31, 2021: Land and building
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The following balance sheet extract was obtained from the books of Shamu Ltd as at December 31, 2021: Land and building
The following balance sheet extract was obtained from the books of Shamu Ltd as at December 31, 2021: Land and building Fixtures and fittings Machinery and equipment Motor vehicle Long term investment 2020 Cost Depºn NBV 550.000 (35000) 515.000 340.000 28.000 312,000 450.000 45.000405.000 395.000 (29.500) 365,500 180.000 2021 Cost Depin NBV 640,000 64,000 576 000 490.000 35,6001454,400 520,000 (60,000 460,000 440,000 (36,700) 403 300 250.000 It was ascertained that during the year, equipment costing $45,000 with a book value of $28,000 was sold at a loss of $6,000, Additionally, the building was revalued by $50,000 How much is to be shown in the cash flow statement as depreciation charges for the year? a $75,800 b. $5,BOO C$27.800 d $41.800
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