Question

Cost: RM65,000 (1 January 2020) Depreciation: 5 years (Sum of Digit) Residual value: RM10,000 Disposal date: 31 December 2020 Cash received: RM25,000 Calculate profit/loss on disposal RM21,667 Loss RM4,000 Profit RM21,667 Profit RM4,000 Loss

Answer 1

Answer:

don't know and also did not understand the question