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Aqua company purchase machinery costing Rs.800,000 on 1st January 2015. Depreciation is charged Rs.80,000 per year. Calculate the book value of machine to be reported

Aqua company purchase machinery costing Rs.800,000 on 1st January 2015. Depreciation is charged Rs.80,000 per year. Calculate the book value of machine to be reported in the balance sheet at 31 December 2017

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