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What is the book value of the machine on sept to date

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Problem 1: On 9/30/1430 the Al-Rasheed Establishment sold a machine whose original cost was 200,000 riyals for 120,000 riyals in cash. It started on 1/1/1429 and it was consumed using the straight-line method, the scrap value is 40,000 and the useful life is 10 years. What is the book value of the machine on 30/9/1434 to date?

Reference no: EM132744392

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