回復 3# 小雪冰
On 1 January 2004, Platinum Ltd purchased equipment for $155000. Platinum Ltd depreciated the equipment wing reducing balance depreciation at a rate of 50% on pro rata basis. On 30 June 2006, Platinum Ltd sold the equipment for $35000 cash.
Prepare journal entries to record the depreciation expense for the six months from 1 January 2006 to 30 June 2006, and the disposal of equipment. (Calculations to the nearest dollar) |