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30 June 2017the fair value of machine A is estimated 75000,cost of disposal 5000 and value-in-use is 51000. On 31st Dec 2017,Anna Ltd decided to

30 June 2017the fair value of machine A is estimated 75000,cost of disposal 5000 and value-in-use is 51000. On 31st Dec 2017,Anna Ltd decided to purchase a new machine B by trading in the machine A. The market price of machine B is 80000.the exchanged Machine A 66000.Anna Ltd paid the difference in cash. Ignore tax.

Required: Journal entries needed for 30June 2015,30 June 2017 and 31st December 2017

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