A non-current asset (cost $15,000, depreciation $10,000) is given in part exchange for a new asset costing $20,500. The agreed trade-in value was $5,500. Which of the following will be included in the statement of profit or loss?
A、A profit on disposal $5,500 B
A、loss on disposal $4,500 C
A、loss on purchase of a new asset $5,500 D
A、profit on disposal $500
A、A profit on disposal $5,500 B
A、loss on disposal $4,500 C
A、loss on purchase of a new asset $5,500 D
A、profit on disposal $500
【参考答案及解析】
$ Carrying amount at disposal (15,000 - 10,000) 5,000 Trade-in allowance 5,500Profit on disposal 500
$ Carrying amount at disposal (15,000 - 10,000) 5,000 Trade-in allowance 5,500Profit on disposal 500