On 31 December 2019 a Machine with a Cost of $150

question 30

Multiple Choice

On 31 December 2019 a machine with a cost of $150 000 has accumulated depreciation written off of $90 000. If the machine was sold for $80 000 on 1 January 2020 how much will be recognised to the account "Carrying amount on the disposal of machinery"?

• A) $80 000
• B) $150 000
• C) $60 000
• D) $90 000

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Definitions:

Freud's Theory

A set of psychoanalytic theories proposed by Sigmund Freud, which focus on unconscious processes, sexual and aggressive instincts, and childhood development.

Personality

The combination of characteristics or qualities that form an individual's distinctive character, influencing their behaviors and attitudes.

Gender Roles

Social and behavioral norms that are considered appropriate for individuals of a given sex within a specific culture.

Biological Aspect

Refers to the physiological and genetic characteristics of organisms, including humans, often highlighting the influence of genetics and bodily functions on behavior and health.