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Department
Accountancy
Course
ACCO 240
Professor
All Professors
Semester
Fall

Description
Jude Vroom  is in business as a contract courier. He prepares accounts to 31 August each year.  At 31 August 2007 he had three  motor bikes, details of which are as follows: Motor Bike reference number Date purchased Cost £ MB1 June 2002 7,600 MB2 August 2004 5,400 MB3 December 2006 7,500 During the year to 31 August 2007, Jude Vroom scrapped MB1, and part exchanged MB2 for a new motor bike. The part  exchange value of MB2 was £2,150. The value of the new motor bike (MB4) was
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