Cima Help..!!

SanFx

Member
Jun 12, 2014
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It has an expected useful life of six years, and an expected residual value of $1,000. It is to be depreciated at 30 per cent per annum on the reducingbalance basis. A full year's depreciation is charged in the year of purchase, with none in the year of sale. During year 4, it is sold for $3,000. The profit or loss on disposal is:

Answer is $ 87

Machanla meh gana hadana widiya poddak kiyanna :sorry::sorry: