=+It was agreed, after negotiation between the parties, that the following adjustments in book values were to

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=+It was agreed, after negotiation between the parties, that the following adjustments in book values were to be made:

£

(a) Freehold Property to be valued at 11,000

(b) Plant and Machinery to be reduced to 5,750

(c) Bad Debts to be written off" 850

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