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3. IAS 16/AASB 116_defines the cost of acquisition for fixed assets as: a. Invoice cost b. Carrying value in the previous owner's books c. Purchase
3. IAS 16/AASB 116_defines the cost of acquisition for fixed assets as: a. Invoice cost b. Carrying value in the previous owner's books c. Purchase cost plus any incidental costs directly attributable to acquiring the asset an getting it ready for use d. Invoice cost plus freight inwards, plus other costs of acquiring the asset
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Business Law
Authors: Henry Cheeseman
10th Edition
0134728785, 978-0134728780
