practice assessment 2 task 3

kelly2021
kelly2021 Registered Posts: 16
Hello

I’m very confused, can anyone please help? Thanks.

Sales managers car has been disposed, why is the WDA still there? I thought the WDA shouldn’t exist as the car has been disposed?

Any help would be appreciated. Thanks.

Comments

  • Pian32
    Pian32 Registered Posts: 474 Dedicated contributor 🦉
    The car is not in a seperate pool, it is part of the special rate pool this means that there could be other assets in there other than the car that have the special rate applied.

    The value the car was sold at is removed and the remainder is carried forward. If it had been a single asset pool then the whole thing would have been written off on the year end of December
    AAT Level 4, MAAT
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  • kelly2021
    kelly2021 Registered Posts: 16
    Thank you ! @Pian32
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