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I purchases a building for RM700,000. My company initially reported it in its accounting records at RM700,000. By the end of the next year, the
I purchases a building for RM700,000. My company initially reported it in its accounting records at RM700,000. By the end of the next year, the fair value of the building has increased to RM900,000, but my accountant still remain the same amount to report the building. is it correct?
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