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On 1 January A sold to B a plant which was purchased at a price of 4,000 and depreciated for 2,000. The selling price was

On 1 January A sold to B a plant which was purchased at a price of 4,000 and depreciated for 2,000. The selling price was 3,500. B was depreciating the asset on a straight-line basis, recognising annu...

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