Question: Please give me the correct answer only with full details.. else i will give dislike.. On April 1, 20X1, XYZ Ltd. acquired a machine under

Please give me the correct answer only with full details.. else i will give dislike..

Please give me the correct answer only with full details.. else i

On April 1, 20X1, XYZ Ltd. acquired a machine under the following terms: Rs. List price of machine 80,00,000 Import duty 5,00,000 Delivery fees 1,00,000 Electrical installation costs 10,00,000 Pre-production testing 4,00,000 Purchase of a five-year maintenance contract with vendor 7,00,000 In addition to the above information XYZ Ltd. was granted a trade discount of 10% on the initial list price of the asset and a settlement discount of 5%, if payment for the machine was received within one month of purchase. XYZ Ltd. paid for the plant on April 20, 20X1. At what cost the asset will be recognised

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