1, On 31 December 2023, a machine with a cost of $150 000 has accumulated...
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Accounting
1,
On 31 December 2023, a machine with a cost of $150 000 has accumulated depreciation of $90 000. If the machine was sold for $80 000 on 1 January 2024 how much will be recognised as the Carrying amount on the disposal of machinery? Group of answer choices $150 000
$90 000
On 31 December 2023, a machine with a cost of $150 000 has accumulated depreciation of $90 000. If the machine was sold for $80 000 on 1 January 2024 how much will be recognised as the Carrying amount on the disposal of machinery? Group of answer choices $150 000
$60 000
$80 000
$90 000
2,
Mackenzie Ltd's fleet of delivery trucks (original cost $850 000) had a carrying amount on 1 July 2023 of $470 000. On that date, their value was revised to $500 000. Future depreciation charges will be based on which amount? Group of answer choices
$500 000
$470 000
$330 000
$450 000
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