Motor vehicles are shown in the statement of financial position of Yong Ltd as:
$$\begin{array} { l r r }
& 2014 & 2015 \
\text { Motor Vehicles at Cost } & \$ 83,000 & \$ 95,000 \
\text { Less Accumulated Depreciation } & \$ 10,000 & \$ 15,000 \
\text { Carrying Value } & \$ 73,000 & \$ 80,000
\end{array}$$
Assuming that no vehicles were sold,the value of vehicles purchased during 2015 was:

Question

Motor vehicles are shown in the statement of financial position of Yong Ltd as:
$$\begin{array} { l r r } 
& 2014 & 2015 \
\text { Motor Vehicles at Cost } & \$ 83,000 & \$ 95,000 \
\text { Less Accumulated Depreciation } & \$ 10,000 & \$ 15,000 \
\text { Carrying Value } & \$ 73,000 & \$ 80,000
\end{array}$$
Assuming that no vehicles were sold,the value of vehicles purchased during 2015 was:

Quizplus · Accepted Answer

The Answer of Motor vehicles are shown in the statement of financial position of Yong Ltd as:
$$\begin{array} { l r r } 
& 2014 & 2015 \
\text { Motor Vehicles at Cost } & \$ 83,000 & \$ 95,000 \
\text { Less Accumulated Depreciation } & \$ 10,000 & \$ 15,000 \
\text { Carrying Value } & \$ 73,000 & \$ 80,000
\end{array}$$
Assuming that no vehicles were sold,the value of vehicles purchased during 2015 was:

Motor Vehicles Are Shown in the Statement of Financial Position