Aslam Ismail, living in south London, exchanged his service station, acquired for 480,000 and written down to

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Aslam Ismail, living in south London, exchanged his service station, acquired for £480,000 and written down to £284,000, for another (nearer his residence) with a market value of £275,000. At what value should Aslam report the service station nearer his residence?

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Financial Accounting An Introduction

ISBN: 9780273737650

2nd Edition

Authors: Mr Barry Elliott, Mr Augustine Benedict

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