Quiz
MGT401 Quiz Set 2
PDF 281 KB
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- Type
- Quiz
- Course
- MGT401 Financial Accounting II
- Size
- PDF 281 KB
- Updated
- 23 Oct 2026
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a) Revaluation surplus Revaluation for Land and Building:
2021
b) Cost of what ?
Cost of addition on Plant and machinery
Accumulated Depreciation7
Land and Building:
Thus, depreciation value per year= Asset Number Description Opening Balance of Fixed Asset (Gross Value) Closing Balance of Fixed Assets Accumulat ed Depreciati on Carry amount
Land and building 1,750,000
2,250,000 42,000 Missing
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Plant and machinery 220,000 251,500 25.150 227,137.50
Computers 610,000 610,000 122000 Missing
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