The table shows parts of the balance sheet of a business.
$ 2020. $2019
non-current assets (at cost) 245000. 190000
less accumulated depreciation. 90000 75000
net book value 155000 115000
Other information for the financial year 2020 is as follows: $
depreciation charged 40000
new non-current assets purchased (at cost) 105000
loss on sale of non-current assets 10000
Which amount was received from the sale of the non-current assets?
A $15000 B $25000 C $35000 D $50000
the answer is A
CAN SOMEONE PLS HELP ME WITH THIS
CAclubindia
