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Ignore VAT A company purchased new computer hardware which became available for use on 31 March 2021. The company's policy is to depreciate computer hardware
Ignore VAT A company purchased new computer hardware which became available for use on 31 March 2021. The company's policy is to depreciate computer hardware on the diminishing balance method at a rate of 4046 p.a. Key information about the computer hardware is as follows: Cost: R260 000 Residual value: R58968 Estimated useful life: 3 years The correct measurement of the computer hardware in the statement of financial position as at 30 June 2021 is...
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