Plant and machinery was purchased on 1 January 20X3 for 30,000, when the relevant specific price index

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Plant and machinery was purchased on 1 January 20X3 for £30,000, when the relevant specific price index was 90. What is the current cost value of the asset at 31 December 20X4 if the index at that date is 120?

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Frank Woods Business Accounting Volume 2

ISBN: 9780273693109

10th Edition

Authors: Frank Wood, Alan Sangster

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Question Posted: Sep 10, 2023 06:05 AM

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Plant and machinery was purchased on 1 January 20X3 for 30,000, when the relevant specific price index

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Frank Woods Business Accounting Volume 2

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