HI6025 Accounting Theory and Current Issues | Final Assessment Solved
Question 1 ( 7 marks) ABC Ltd has the following land and buildings in its financial statements as at 30 June 2022: Residential land, at cost 2 000 000 Factory land, at valuation 2020 1 800 000 Buildings, at valuation 2020 1 600 000 Accumulated depreciation (200 000) At 30 June 2022, the balance of…