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Interpret how the amounts will be dealt

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Question - HSL Pte Ltd is a leading manufacturer of semiconductor components for the electronics industry. On 3 February 20X1, the company purchased an equipment costing $200,000 to make a specialized component. The company paid $10,000 for the costs of site preparation and $5,000 for installation and commissioning. As no technician in the company were trained to operate the equipment, the company spent an additional $4,000 to send four technicians for training. The equipment can only be operated by trained qualified technician. Interpret how the above amounts will be dealt with in the financial statements of HSL Pte Ltd for the year 20X1.

Reference no: EM132940742

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