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A machine acquired for 3 6 0 , 0 0 0 on 1 9 th April 2 0 1 5 and depreciated annually at 1
A machine acquired for on th April and depreciated annually at of cost is sold for on th August A full years depreciation is charged in the year of acquisition and no depreciation in the year of disposal. What is the gain or loss on disposal in the year ending st December
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