Question: Question 1 A machine costing K 7 0 , 0 0 0 was sold for K 5 0 , 0 0 0 . The written

Question 1
A machine costing K70,000 was sold for K50,000. The written down value of the machine was K30,000 when it was sold. What could the result of this transaction? (5 marks)
Question 1 A machine costing K70,000 was sold for K50,000. The

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