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How to calculate machinery accumulated depreciation? The answer is 984080 During the year ended 31 July 2018 : - a 10% bank loan of $400000

image text in transcribed How to calculate machinery accumulated depreciation? The answer is 984080

During the year ended 31 July 2018 : - a 10\% bank loan of $400000 was received on 1 February 2018. No interest has yet been paid - a transfer of $35000 was made to the general reserve - a dividend of $50000 was paid

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