Question: On 1 July 2 0 . 1 , Joe Traders bought a photocopier for R 8 4 0 0 0 . BB Logistics delivered the
On July Joe Traders bought a photocopier for R BB Logistics delivered the photocopier to Joe Traders and charged R RG IT Support installed the photocopier for R Financing costs on loans of R and maintenance costs amounted to R were paid in cash to acquire a photocopier. Joe Traders uses the fixed instalment method, and the photocopier will be depreciated at per annum. Joe Traders also purchased boxes of A copier paper on July for R The financial yearend of Joe Traders is June.
What is the cost price of the photocopier?
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