Question

Purchase new office equipment worth Rs.1,00,000 by paying Rs. 93,000 cash and balance

in exchange of old equipment (book value Rs.15,000) with a recorded value of Rs. 7,000.​

Answer 1

Answer:

Purchase new office equipment worth Rs 1,00,000 by paying Rs 93,000 cash and balance in exchange of old equipment (book value Rs 15,000) with a recorded value of Rs 7,000

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