On 1 Feb 2001, Longarm Company broght two personal computers costing $16,000 each to be used by the Marketing and Personnel Managers. On the same day, an electronic typewriter costing $6,000 was also purchased for the director's personal secretary. The computers were to be depreciated at 20% per annum on a reducing balance basis. The electronic typewriter, estimated to have a scrap value of $800 and a useful life of 4 years, was to be depreciated on a straight-line basis. On 6 March 2003, the Maketing Manager's computer broke down. The sold the computer for $9,000 after spending $3,000 on repairs. A new one was purchase at a cost of $14,000.
Showing the disposal account - office equipment ?