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Beata buys a new notebook on 1 July 2014 for 1872. She does not expect it to have any residual value in four years' time,
Beata buys a new notebook on 1 July 2014 for 1872. She does not expect it to have any residual value in four years' time, at which point she plans to replace it. She depreciates such assets on the straight-line basis, charging depreciation for each full month of ownership. What is the carrying amount (the cost of an asset less accumulated depreciation) of the till at Beata's year end on 31 October 2015? a. 936 b. 1248 c. 1170 d. 624
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