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1. Lim Limited acquired a Plant soset on 1 July 20X3 for P10 000. The asset had an expected Die of 5 years and an

1. Lim Limited acquired a Plant soset on 1 July 20X3 for P10 000. The asset had an expected Die of 5 years and an estimated residual value of P2 000. On 1 January 20X5 the entity sold the asset for P9...

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