Accounting 9706 · AS & A Level · Accounting for non-current assets

Accounting for non-current assets — practice question

The data below were given about the disposal of a machine. accumulated depreciation: 45000 profit on disposal: 8100 sale proceeds: 75600 What was the machine's original cost?

  • A$22500
  • B$38700
  • C$112500
  • D$128700

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