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B. On January 2107. Daud Ltd has purchased a building classified an investment property The...

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Accounting

B. On January 2107. Daud Ltd has purchased a building classified an investment property The price at which building is purchases Rs.5.5 million; however, transaction cost incurred on the purchase of building is Rs.100,000. The carrying value of the building at the date of purchase is Rs,300,000, It is expected that he useful of building will be 50 years.
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