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2. The freehold land is to be revalued to $200,000. 3. Insurance paid in the year includes a premium of $3,000 paid on 1.8.16 for

2. The freehold land is to be revalued to $200,000. 3. Insurance paid in the year includes a premium of $3,000 paid on 1.8.16 for the year ended 31.7.17. 4. An electricity invoice of $12,000 for the q...

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