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1st questions On 1April 2020, Ria bhd acquired a new technical equipment costing BND700,000 to support its business operation. New technical equipment can be used

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1st questions On 1April 2020, Ria bhd acquired a new technical equipment costing BND700,000 to support its business operation. New technical equipment can be used for 10years. Half of the payment has been made by lovesick at the acquisition date by lovesick and another half will be paid later on 31 dec2020. No recording was made. Financial year end on 31/10/2020 Rate of exchange rm bnd 1/4/2020-Rm3.30 - 1BND 31/10/2020- Rm3.10- 1BND 31/12/2020-Rm3.20- 1BND How to prepare journal entries for technical equipment at this question? 2nd question During the year ended 31/10/2020, the management discovered that payments made to other payable totalling rm500,000 had been wrongly recorded debited to trade receivable. Further investigation revealed that the wrong recording was made in January 2019. Correct record was made for bank account. financial year end on 31/10/2020. How to prepare the journal entry

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