Could you please let me know how to get the value 'acquisitions of plant assets amounts'
Requirement 1. Compute the amount of Traynor Exercise's acquisition of plant assets. Traynor Exercise disposed of plant assets at book value. The cost and accumulated depreciation of the disposed asset was $ 45,700. No cash was received upon disposal.
The acquisitions of plant assets amounts to $ _________
The acquisition of the assets amounts to $45700 as... View the full answer