practice assessment 2 task 3

kelly2021
kelly2021 Registered Posts: 15
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 MAAT Posts: 413
    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
    ACCA in progress
    F4- Passed Aug 2020
    F5- Passed Dec 2020
    F6- Passed Sep 2020
    F7- Planned June 2021
    F8
    F9 - Planned June 2021
  • kelly2021
    kelly2021 Registered Posts: 15
    Thank you ! @Pian32
Sign In or Register to comment.

Not registered?

Register to create your free account, talk to AAT members and start your own discussions.

Privacy Policy