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( i ) The construction of a factory building was completed on 1 st April, 2 0 2 3 , at a cost of 5

(i) The construction of a factory building was completed on 1st April, 2023, at a cost of 56,50,000. A sum of 45,000 had been incurred for the construction of the temporary huts for storing building materials. Insurance premium of 56,500 paid on 5th April, 2023. The capital and revenue expenditure would be
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