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South Ltd purchased equipment on 1 July 2021 for $119,400 cash.Transport and installation costs of $12,600 were paid on 5 July2021. The equipment had an

South Ltd purchased equipment on 1 July 2021 for $119,400 cash.Transport and installation costs of $12,600 were paid on 5 July2021. The equipment had an estimated useful life of 10 years and aresid 2 answers

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