Open 33+ pages a fixed asset with a cost of 30000 solution in Google Sheet format. 21For this transaction the Accounting equation is shown in the following table. A fixed asset with a cost of 30000 and accumulated depreciation of 25000 is sold for 3500. What is the amount of the gain or loss on disposal of the fixed asset. Check also: fixed and a fixed asset with a cost of 30000 A fixed asset with a cost of 30000 and accumulated.
A fixed asset with a cost of 30000 and accumulated depreciation of 28500 is sold for 3500. Purchase price Import duties and non-refundable taxes paid on it Freight and handling expenses Costs of dismantling removing or clearing a site for installation Directly attributable cost of bringing the assets to working condition.
Answer 2000 loss 1500 loss 3500 gain 2000 gain 2 points Question 5 A fixed assets estimated value at the time it is to be retired from service is called Answer book value residual value.
Topic: Example Suppose a manufacturing company purchases a machinery for Rs. A Fixed Asset With A Cost Of 30000 |
Content: Solution |
File Format: PDF |
File size: 1.4mb |
Number of Pages: 8+ pages |
Publication Date: November 2020 |
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Accounting Standard 10 deals with the accounting of fixed assets.

30Cost of the new asset List Price 60000 unrecognized gain 1500 58500. What is the amount of the gain or loss on disposal of the fixed asset. A fixed asset with a cost of 30000 and accumulated depreciation of 28500 is sold for 3500. A fixed asset with a cost of 30000 and accumulated depreciation of 28500 is sold for 3500. What is the amount of the gain or loss on the sale of the fixed asset. The formula for straight line depreciation is.
Credit 167 000 1 500 000 160 000 500 000 550 000 Chegg What is the amount of the gain or loss on disposal of the fixed asset.
Topic: A fixed asset with a cost of 30000 and accumulated depreciation of 28000 is sold for 3500. Credit 167 000 1 500 000 160 000 500 000 550 000 Chegg A Fixed Asset With A Cost Of 30000 |
Content: Summary |
File Format: PDF |
File size: 810kb |
Number of Pages: 26+ pages |
Publication Date: December 2021 |
Open Credit 167 000 1 500 000 160 000 500 000 550 000 Chegg |
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Ratio Analysis Illustrations Ratios From Shareholders Point Of View Full Calculation Study Material Lecturing Notes Assignment Reference Wiki Description Explanation Brief Detail What is the amount of the gain or loss on disposal of the fixed asset.
Topic: What is the amount of the gain or loss on disposal of the fixed asset. Ratio Analysis Illustrations Ratios From Shareholders Point Of View Full Calculation Study Material Lecturing Notes Assignment Reference Wiki Description Explanation Brief Detail A Fixed Asset With A Cost Of 30000 |
Content: Explanation |
File Format: PDF |
File size: 1.9mb |
Number of Pages: 55+ pages |
Publication Date: March 2019 |
Open Ratio Analysis Illustrations Ratios From Shareholders Point Of View Full Calculation Study Material Lecturing Notes Assignment Reference Wiki Description Explanation Brief Detail |
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Paper 1 Accounting Questions Cash Flow Statements 1 It is to be depreciated by the straight-line method.
Topic: A fixed asset with a cost of 30000 and accumulated depreciation of 28500 is sold for 3500. Paper 1 Accounting Questions Cash Flow Statements 1 A Fixed Asset With A Cost Of 30000 |
Content: Solution |
File Format: Google Sheet |
File size: 2.3mb |
Number of Pages: 27+ pages |
Publication Date: November 2019 |
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Fixed Asset Trade In Double Entry Bookkeeg 100000 and the useful life of the machinery are 10 years and the residual value of the machinery is.
Topic: Or Cash paid 55000 60000 - 5000 Book Value of Old Asset 3500 58500. Fixed Asset Trade In Double Entry Bookkeeg A Fixed Asset With A Cost Of 30000 |
Content: Analysis |
File Format: PDF |
File size: 1.7mb |
Number of Pages: 6+ pages |
Publication Date: April 2017 |
Open Fixed Asset Trade In Double Entry Bookkeeg |
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Rental Property Roi And Cap Rate Calculator And Parison In 2021 Rental Property Rental Property Management Real Estate Investing What is the amount of the gain or loss on disposal of the fixed asset.
Topic: A fixed asset with a cost of 30000 and accumulated depreciation of 28500 is sold for 3500. Rental Property Roi And Cap Rate Calculator And Parison In 2021 Rental Property Rental Property Management Real Estate Investing A Fixed Asset With A Cost Of 30000 |
Content: Summary |
File Format: DOC |
File size: 3mb |
Number of Pages: 17+ pages |
Publication Date: March 2018 |
Open Rental Property Roi And Cap Rate Calculator And Parison In 2021 Rental Property Rental Property Management Real Estate Investing |
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On Financial Projections In this case the net book value cost less accumulated depreciation of the fixed assets increases by 24000 which is the new vehicle 30000 less the net book value of the old vehicle 17000 11000 6000.
Topic: 17Equipment with a cost of 450000 has an estimated salvage value of 30000 and an estimated life of 4 years or 10000 hours. On Financial Projections A Fixed Asset With A Cost Of 30000 |
Content: Analysis |
File Format: Google Sheet |
File size: 5mb |
Number of Pages: 55+ pages |
Publication Date: March 2021 |
Open On Financial Projections |
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On Web Pixer What is the amount of the gain or loss on the sale of the fixed asset.
Topic: A fixed asset with a cost of 30000 and accumulated depreciation of 28500 is sold for 3500. On Web Pixer A Fixed Asset With A Cost Of 30000 |
Content: Summary |
File Format: DOC |
File size: 2.8mb |
Number of Pages: 55+ pages |
Publication Date: December 2019 |
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Balance Sheets Year 2019 2018 2017 2016 Assets Current Assets Cash 200 847 162 235 138 533 30 000 Stock 23 703 Business Planning Balance Sheet How To Plan
Topic: Balance Sheets Year 2019 2018 2017 2016 Assets Current Assets Cash 200 847 162 235 138 533 30 000 Stock 23 703 Business Planning Balance Sheet How To Plan A Fixed Asset With A Cost Of 30000 |
Content: Answer Sheet |
File Format: DOC |
File size: 5mb |
Number of Pages: 8+ pages |
Publication Date: May 2021 |
Open Balance Sheets Year 2019 2018 2017 2016 Assets Current Assets Cash 200 847 162 235 138 533 30 000 Stock 23 703 Business Planning Balance Sheet How To Plan |
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On Finance Hub
Topic: On Finance Hub A Fixed Asset With A Cost Of 30000 |
Content: Answer Sheet |
File Format: PDF |
File size: 2.8mb |
Number of Pages: 30+ pages |
Publication Date: May 2018 |
Open On Finance Hub |
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A Fixed Asset With A Cost Of 30 000 And Accumulated Chegg
Topic: A Fixed Asset With A Cost Of 30 000 And Accumulated Chegg A Fixed Asset With A Cost Of 30000 |
Content: Learning Guide |
File Format: DOC |
File size: 6mb |
Number of Pages: 11+ pages |
Publication Date: November 2021 |
Open A Fixed Asset With A Cost Of 30 000 And Accumulated Chegg |
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Plus One Accountancy Model Question Papers Paper 3 A Plus Topper S Aplustopper Co Model Question Paper Previous Year Question Paper Question Paper
Topic: Plus One Accountancy Model Question Papers Paper 3 A Plus Topper S Aplustopper Co Model Question Paper Previous Year Question Paper Question Paper A Fixed Asset With A Cost Of 30000 |
Content: Summary |
File Format: Google Sheet |
File size: 725kb |
Number of Pages: 10+ pages |
Publication Date: October 2019 |
Open Plus One Accountancy Model Question Papers Paper 3 A Plus Topper S Aplustopper Co Model Question Paper Previous Year Question Paper Question Paper |
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Its really easy to prepare for a fixed asset with a cost of 30000
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