An extract of the year-end Trial Balance is shown. A new machine had been acquired for 180,000
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An extract of the year-end Trial Balance is shown. A new machine had been acquired for £180,000 on 1 September 2010. Machinery is depreciated at 10% of cost with proportionate depreciation in the year of acquisition. The financial statements for the year ended 30 June 2011 will report:
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Related Book For 
Financial Accounting An Introduction
ISBN: 9780273737650
2nd Edition
Authors: Mr Barry Elliott, Mr Augustine Benedict
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