Complete the following table, to show how costs incurred during the year ended 31 March 1984 affect
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Complete the following table, to show how costs incurred during the year ended 31 March 1984 affect the expenses of that, and the subsequent, year:
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Details (a) Goods bought and sold during 83/84 (i.e. 1.4.83- Payment Expenses Unexpired Expenses Unexpired during 1983/84 expenses 1984/85 1983/84 31.3.84 expenses 31.3.85 31.3.84) 500 (b) Goods bought during 83/84 sold April 84 220 (c) Typewriter bought April 83 expected to last five years 180 (d) Insurance premium paid on 1.1.84 for one year in advance (e) Freehold land bought in 83/84 96 expected to rise in value by 10% each year 8,200 (f) Advertising campaign expenditure 30.9.83 results likely to be effective for two years 2,400
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