During the year land was revalued and the surplus reported as Revaluation surplus; and an asset costing
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During the year land was revalued and the surplus reported as Revaluation surplus; and an asset costing £80,000, written down to £38,000, was sold for £40,000. Identify the cost of any non-current assets acquired during the year ending 30 September 2012.
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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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