Eddie Limited has the following non-current asset section in its Statement of Financial Position as...
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Eddie Limited has the following non-current asset section in its Statement of Financial Position as at 31 December 2022: Non-Current Assets: 2022 2021 Land cost 150,000 200,000 Buildings cost 450,000 400,000 Buildings Accumulated Depn (215,000) (120,000) 535,000 480,000 You are advised that the company does not depreciate or revalue land. The only disposal of buildings during the year was a building which cost 100,000 and had
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