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the asset is delivered i they are paid for in cash D Question 2 Linh Do Accounting Firm purchased a boat at a cost
the asset is delivered i they are paid for in cash D Question 2 Linh Do Accounting Firm purchased a boat at a cost of $12 000. The boat has an estimated residual value of $2000 and an estimated life of five years or 100 000 hours of operation. The boat was purchased on 1 July 2022, and was used 27 000 hours in 2022/23 and 26 000 hours in 2023/24 il the company uses the straight-line method, what is the carrying amount (book value) at 30 June 2025? $6000 $8000 $10000 $4000 D Question 3 Linh Do Accounting Firm purchased a boat at a cost of $12 000. The boat has an estimated residual value of $2 000 and an estimated life of five years, or 100 000 hours of operation. The boat was purchased on 1 July 2022, and was used 27 000 hours in 2022/23 and 26 000 hours in 2023/24 1 pts 1pts
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