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QUESTION 2 (1 MARK) On 1 July 2020, Your company purchased landfor $370,000 (ignore GST) and recorded it at cost. On 30 June 2026,your company

QUESTION 2 (1 MARK) On 1 July 2020, Your company purchased landfor $370,000 (ignore GST) and recorded it at cost. On 30 June 2026,your company decided to revalue the land. At that time, the fairval 2 answers

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