Plant and machinery was purchased on 1 January 19 X3 for ( 30,000), when the relevant specific

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Plant and machinery was purchased on 1 January 19 X3 for $£ 30,000$, when the relevant specific price index was 90 . What is the current cost value of the asset at 31 December $19 \mathrm{X} 4$ if the index at that date is 120 ?

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ISE Business Accounting

ISBN: 9780273638407

8th Edition

Authors: Frank Wood, Alan Sangster

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Question Posted: May 27, 2024 03:04 AM

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Plant and machinery was purchased on 1 January 19 X3 for ( 30,000), when the relevant specific

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ISE Business Accounting

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