Fac 3702 ass 1 - Study guides, Class notes & Summaries
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FAC 3702 ASS 1
- Exam (elaborations) • 10 pages • 2021
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- $9.49
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1. Old machinery 
R 
Cost 1 April 2015 480 000 
Accumulated depreciation (calc 1.1) (168 000) 
Carrying amount 31 December 2016 312 000 
Depreciation (calc 1.2) (16 000) 
Carrying amount 28 February 2017 296 000 
1.1. 480 000 / 60 x 21 = 168 000 
1.2. 480 000 / 60
-
FAC 3702 ASS 1
- Exam (elaborations) • 10 pages • 2021
-
- $9.49
- + learn more
1. Old machinery 
R 
Cost 1 April 2015 480 000 
Accumulated depreciation (calc 1.1) (168 000) 
Carrying amount 31 December 2016 312 000 
Depreciation (calc 1.2) (16 000) 
Carrying amount 28 February 2017 296 000 
1.1. 480 000 / 60 x 21 = 168 000 
1.2. 480 000 / 60
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