The plant and machinery at cost account of a business for the year ended 30 June 20X4 was as follows： PLANT AND MACHINERY - COST 20X3 $ 20X31 $ 1 Jul 20X4 Balance 240,000 30 Sep Transfer disposal account 20X4 60,000 1 Jan Cash - purchase of plant 160,000 340,00 400,000 30 Jun Balance 400 ,000 The company's policy is to charge depreciation at 20% per year on the reducing balance basis, with proportionate depreciation in the years of purchase and disposal What should be the depreciation charge for the year ended 30 June 20X4?
A、$68,000
B、$64,000
C、$61,000
D、$55,000
A、$68,000
B、$64,000
C、$61,000
D、$55,000
【参考答案及解析】
Plant held all year (240,000 - 60,000) x 20% $ 3 6,000 Addition 160,000 x 20% x 6/12 16,000 Disposal 60,000 x 20% x 3/12 3,000 55,000
Plant held all year (240,000 - 60,000) x 20% $ 3 6,000 Addition 160,000 x 20% x 6/12 16,000 Disposal 60,000 x 20% x 3/12 3,000 55,000