=+On 16th August, 1962, Duke purchased two cars for 320 and 480 respectively. He incurred expenditure of

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=+On 16th August, 1962, Duke purchased two cars for £320 and £480 respectively. He incurred expenditure of £120 on repairs and on 1st September, sold one of the cars for £400 and on 10th September the other car for £620.

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