On 31 December 2012 an Aeroplane with a Cost of $200

question 17

Multiple Choice

On 31 December 2012 an aeroplane with a cost of $200 000 has accumulated depreciation written off of $90 000.If it is sold for $130 000 on 1 January 2013 what will be the net effect of the sale on the income statement?

• A)$20 000 profit
• B)$20 000 loss
• C)$70 000 loss
• D)$40 000 profit

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Definitions:

Existential Psychotherapies

A group of psychotherapeutic approaches that focus on the individual's experience of existence, emphasizing personal responsibility, freedom, and the search for meaning.

Outcome Research

The study of the results or outcomes of specific health care practices and interventions.

Controlled Research

Studies designed with control groups and other measures to test the efficacy of interventions in a systematic and scientific manner.

Meta-analytic Studies

Research methodologies that statistically combine results from multiple studies to derive conclusions about a topic or effect size.