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October 09, 2025, 08:20:06 am

Author Topic: Profit on Disposal  (Read 8099 times)  Share 

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darcy42

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Re: Profit on Disposal
« Reply #30 on: November 04, 2010, 05:12:50 pm »
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I said that profit or loss on the disposal of non current assets results from inaccuracies in depreciation, which arise due to incorrectly estimating the useful life of the asset or miscalculating its expected carrying value.
think it was a little more detailed, but yeah mine was more general, rather than focusing on either a profit or a loss.

2010: ATAR: 99.55
2011: Arts/Law@Monash

vidang

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Re: Profit on Disposal
« Reply #31 on: November 04, 2010, 06:18:59 pm »
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Did people get a Loss on Disposal of Computer System of $725?.. for Q. 1.1.3....
i got a loss of something like that as well

woo
i changed to dec 31 last minute i was contemplating what to put as date :\
77.85.. is the number I better wake up to on the morning of December 13th

pirocan1

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Re: Profit on Disposal
« Reply #32 on: November 04, 2010, 06:20:23 pm »
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I was in such a rush i forgot to put it in...

_avO

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Re: Profit on Disposal
« Reply #33 on: November 04, 2010, 06:21:44 pm »
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I think the loss was 750? not 100% sure though
2011-2014: Bachelor of Commerce/Economics @ Monash Clayton

becky

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Re: Profit on Disposal
« Reply #34 on: November 04, 2010, 07:41:27 pm »
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theory was easy! but were there any other revenues apart from the $200 from fixtures and fittings? i didnt get any :S