Answers
Example 2 cont.
Machine asset
Date Details $ Date Details $
30..06.X4 Bal b/d 70,000 30.06.X4 Asset disposal 70,000
30.06.X4 Cash 82,000 30.06.X4 Balance c/d 85,000
30.06.X4 Asset disposal 3,000
––––– –––––
155,000 155,000
––––– –––––
01.07.X4 Balance b/d 85,000
371