on january 1 2005 mira ltd acquired equipment for 800000 in cash to mahifacture coffee makers the equipment expected to have a life of 5 years and produce 600000 over 5 years the equiment was expected to have a salvage value of 50000 Mira produced 100000 units ad sold 90000

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A COST OF MACHINE PURCHASED ON JAN 1 YEAR 1 RS 80000 USEFUL LIFE OF THE MACHINE PURCHASED 8YEARS WIT... View the full answer