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FADisposal q4,Ch 6

JJoanna10y ago
Hi /Sir, Answer test q4. NBV, end of yr 2003 is 52K-30K=22K Proceeds 30K (What is 30K proceeds-is it cash?) less NBV (22K) Notes Dec 2015 Ty J
John MoffatJohn MoffatTutor10y ago#1
The answers to all of the questions are in the notes (see the contents page). And yes, proceeds is the cash received on sale (have you watched the free lectures that go with the notes?).
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