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Business, 26.09.2021 23:50 katiepotter

Huipment for a total cost of $55,000. The estimated with an estimated residual value of $5,000. The
Jure, and it uses straight-line depreciation. On 1 July
tupwards to reflect the fair value of $70,000. The
eans and residual value was estimated at $nil. On 1 January 2019,
$56.500
mal entries (assuming no GST);
2017 for the evaluation of the equipment,
30 June 2018 for the depreciation expense.
ay 2019. for the sale of the equipment

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Answers: 3

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