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Answer Posted / vijay ram.s
dear mahesh,u told the right answer but explaneshen is not
correct,bcz bulding is also immovable asset,but we prapare
depriciation on bulding
| Is This Answer Correct ? | 1 Yes | 0 No |
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The following are the list of Balances of SUNSHINE Company as at 1.2.2012 RM Land and building 450,000. Furniture and Fittings 35,000. Office Equipment 25,000. Motor Vehicles 75,000. Inventory 5,000. Trade Receivables 12,000. Trade Payables 8,000. Bank Loan 200,000. Bank 13,000. Cash in Hand 1,000. Capital 408,000.
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