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Identify the related accounting principle/ assumption and explain the appropriate accounting treatment for each of the following independent situations Johny Enterprise purchased land for RM100,000

Identify the related accounting principle/ assumption and explain the appropriate accounting treatment for each of the following independent situations Johny Enterprise purchased land for RM100,000 cash on yrd November 2019. On 31 December 2019, the land's value has increased to RM130,000 7 BT % 2 W MacBook Air & 7 in 6 8 0 T Y U

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