CIMA Fundamentals of financial accounting BA3 Question # 33 Topic 4 Discussion

CIMA Fundamentals of financial accounting BA3 Question # 33 Topic 4 Discussion

BA3 Exam Topic 4 Question 33 Discussion:
Question #: 33
Topic #: 4

A company had disposed of a non-current asset for $4,000 during the financial year. The asset had an original cost of $24,000 and a loss on disposal of $2,000 was recorded in the accounts.

The accumulated depreciation for the non-current asset was $


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