Plant and equipment was purchased on 1 January 2012 for $ 30,000$, when the relevant specific price

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Plant and equipment was purchased on 1 January 2012 for $£ 30,000$, when the relevant specific price index was 90 . What is the current cost value of the asset at 31 December 2013 if the index at that date is 120 ?

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Frank Woods Business Accounting Volume 2

ISBN: 9780273767923

12th Edition

Authors: Frank Wood, Ph.D. Sangster, Alan

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Question Posted: Jun 26, 2024 01:12 AM

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Plant and equipment was purchased on 1 January 2012 for $ 30,000$, when the relevant specific price

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Frank Woods Business Accounting Volume 2

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