Problem 6 9 1 2

1. B
2. C
Cost Jan. 1 , 2020 5,000,000
Accumulated depreciation
(5,000,000/5) -1,000,000
Carrying amount before
classification Dec. 31 2020
4,000,000
FV less cost of disposal April 1,
2020 -3,500,000
Impairment loss for 2020 500,000
3. B
Cost Jan. 1, 2020 5,000,000
Accumulated depreciation
(5,000,000/5x2 years) -
2,000,000
Carrying amount no
classification as held for sale
3,000,000
FV less cost of disposal 2,700,000
Measurement of equipment as
PPE 2,700,000
Carrying maount per book
3,500,000
Measurement of equipment
2,700,000
Loss on reclassification 800,000
4. B