Question

Angel's financial year ends on 31 December. On 1 January 2017, she purchased fixtures costing $25,000 and paid by cheque. She decided to depreciate the fixtures using the reducing balance method. 3 proceed of sale profit/ On 1 January 2021 the provision for depreciation of fixtures account showed a credit balance of CACC depreciation $21.760. Angel sold all the fixtures on credit to Traders Ltd for $3,100 on 1 January 2021
pls just explain the answer in depth ​

Answer 1

Answer:

$2330

Explanation:

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