.A company purchased plant and machinery for one million, on 1 January 2008. The company...
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Accounting
.A company purchased plant and machinery for one million, on 1 January 2008. The company uses straight-line depreciation. The company estimates that the plant and machinery will have a useful life of 3 years, after which it may be disposed of for RS 100,000. What was the net book value of the plant and machinery at 31 December 2008?Required to answer. Single choice.
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