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Suppose if you are running a business and bought Machinery for $10,000, which has a life of 10 years, and you have done some repairs
Suppose if you are running a business and bought Machinery for $10,000, which has a life of 10 years, and you have done some repairs for $200 that increases the life of the Machinery to 12 years. The extra amount of $200 you have paid for the repairs is identified as: O a. Betterment O b. Repairs and Maintenance O c. Depreciation O d. Non of these
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