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Question: white knight ltd sold equipment cost 800000 with accumulated depreciation...

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White Knight Ltd sold equipment cost $800,000 with accumulated depreciation $500,000 and made a loss of $10,000.

What is the net cash inflow (outflow) from investing activities?

Select one:

None of these

($300,000) cash outflow

($10,000) cash outflow

$290,000 cash inflow

$300,000 cash inflow

 

On 1 July 2020, Denham Business Consulting Ltd receives an upfront management service fee of $2,400 from Enfield Ltd. Under the agreement, Denham Business Consulting Ltd will provide ongoing management services until 30 June 2021 on a monthly basis.

How should Denham Business Consulting Ltd recognise the revenue for their management services provided to Enfield Ltd?

Select one:

$150 per month for 12 months between 1 July 2020 and 30 June 2021

$200 on 1 July 2020, then $200 per month for 12 months between 1 July 2020 and 30 June 2021

None of these

$1,200 on 1 July 2020, then $100 per month for 12 months between 1 July 2020 and 30 June 2021

$200 per month for 12 months between 1 July 2020 and 30 June 2021

 

Delighted Telecommunication Ltd provides a bundled-service package to their customers for $2,000 upfront. The service package includes:

upfront advice

‘on-call’ advice provided over one year

database access for a 1-year period.

If each service was sold separately to Smith the fees would be:

 

Up-front advice: $1600

On-call advice:$7200

Database access:$2400

 

The revenue that would be recorded by Telstra at the commencement of the agreement is (rounded to the nearest whole dollar):

Select one:

$4000

None of these

$1143

$2856

$8000

 

 

What will be the revenue recorded by Delighted Telecommunication Ltd at the commencement of the agreement is (rounded to the nearest whole dollar):

Select one:

$2,000

None of these

$286

$400

$714

i don't need explanation I want only ans.

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