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On 1 July 2 0 . 1 , Joe Traders bought two machines for R 8 4 0 0 0 was given a 5 %
On July Joe Traders bought two machines for R was given a cash discount.BB Logistics delivered the machinery to Joe Traders and charged R Both machinery were installed for R Joe Traders uses the diminishing balance method and the photocopier will be depreciated at per annum. Joe Traders also purchased boxes of A copier paper on July for R
The financial yearend of Joe Traders is June.
What will be the carryingbookvalue of the machines on June
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
