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On 30/3/2015 the company paid $220,000 (GST inclusive) to purchase some machinery, which has an expected useful life of 10 years. Prepare journal entries for
On 30/3/2015 the company paid $220,000 (GST inclusive) to purchase some machinery, which has an expected useful life of 10 years. Prepare journal entries for the following transactions and events. Your responses to this question have to deal with GST.
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