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Category : financial accounting questions and answers

Financial Accounting Reporting Questions Answers

I need the proper solutions of 3 case questions in excel file with workings and formulas. Words:  500 Q.1 As at 1 January, 20X0 Casey plc had property, plant and equipment with the carrying amount of $ 250,000. In the year ended 31 December 20X0, the company disposed of assets with the carrying amount of $ 45,000 for $50,000. The company revalued a building from $75,000 to $100,000 and charged depreciation of $ 20,000. At the year-end, the carrying amount of property, plant and equipment amounted to $ 270,000. Q.2 How much will be report... More
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