Use the Following Information to Answer Questions 14 and 15

question 19

Multiple Choice

Use the following information to answer questions 14 and 15
An extract of a company's draft statement of financial position at 30 June 2012 discloses the following:
On 30 June 2013 the company assessed the fair value of the plant to be $350 000. At 30 June 2014, the carrying amount of the Plant was $250 000.
The tax rate is 30%. Depreciation rates are 10% p.a. (accounting) and 12.5% p.a. (tax) using the straight-line method.
-The journal entries necessary to record the revaluation of plant (ignoring any tax effect) at 30 June 2013 in accordance with IAS 16 Property, Plant and Equipment is:

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Definitions:

Female Sexuality

The ways in which women experience and express themselves sexually.

Sex Education Program

Educational initiatives aimed at providing information about sexual health, behaviors, and rights, intended to support informed decisions and healthy sexual development.

Traditional Marriages

Marriages that follow conventional customs and norms, often influenced by cultural or religious practices.

Senior Partner-Junior Partner

A hierarchical relationship typically found in businesses or law firms where the senior partner has more authority and experience than the junior partner.