# Calculations on statement of profit or loss.

#### nacggk

Q 9 Jun 2022

I need help on the following calculations. Calculate for the year ended 31 Mar 2022,
the (i) machinery depreciation charge The correct answer provided is \$ 49300 x 20 % = \$ 9860
(ii) loss on the machinery sold - The correct answer provided is \$ 1200 - \$ 550 = \$ 650 May I know how the amount \$1200 is derived ?

Prepare the statement of profit or loss for the year ended 31 Mar 2022.
The correct answer for statement of profit or loss is provided.
How are the amounts for Revenue, Goods taken for own use and loss on disposal derived ?

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#### nacggk

How are these figures derived ? Revenue, Goods taken for own use, loss on disposal.

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