What is the carrying amount of the plant on June

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Question - On 30 June 2020, Saya Limited had an item of plant with an original cost of $120,000 and accumulated depreciation of $36,000. At this date, the fair value of the plant was $90,000. What is the carrying amount of the plant on 30 June 2021? Saya Limited depreciates all items of PPE at 20% per annum straight-line method.

Reference no: EM132929236

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